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Shadow Lender Cholamandalam to Sell Largest India Perpetual Bonds by a Non-Bank

1 source ·1 article ·15h ago

Cholamandalam Investment and Finance Co., one of India’s biggest shadow lenders, plans to raise as much as 20 billion rupees ($209 million) through the issuance of perpetual bonds, according to people familiar with the matter, the largest s…

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