India’s corporate bond market revives as rate-cut bets intensify

After a lull, India’s corporate debt market is seeing renewed activity with firms issuing bonds amid strong rate-cut expectations. In recent days, companies have raised ₹500+ billion, while analysts expect October’s issuance to exceed ₹1 trillion. Big issuances like Bharti Telecom’s ₹105 billion and SBI’s ₹75 billion deals are fueling momentum. This revival suggests firms prefer tapping debt markets over equity for funding, betting on easing interest rates to reduce borrowing cost.