Heading: INDIAN NON-BANK LENDERS PLAN $1.6 BILLION IN DEBT SALES AS YIELDS DECLINE, BANKERS SAY - 2026-05-08
• A drop in Indian corporate debt yields, especially for shorter term funds Published May 8, 2026 Updated about 16 hours ago By Reuters MUMBAI: Five AAA-rated non bank finance companies (NBFCs) are planning to raise as much as 150 billion rupees ($1.6 billion) through sale of bonds maturing from two years to five years, three merchant bankers said on Friday. A drop in Indian corporate debt yields, especially for shorter term funds, has prompted companies to go back to the market after a quiet April. Below are some of the issues likely to hit the market soon, based on information from merchant bankers, who declined to be identified as they are not authorised to speak to the media. Bajaj Finance aims to raise 90 billion rupees through two separate debt issuances, while Tata Capital plans to mobilise 17.70 billion rupees through a dual-tranche bond sale. Bajaj Housing Finance posts 14% profit rise, margins under pressure Bajaj Housing Finance is targeting 15 billion…