India’s bond market is so hot even yoga guru Ramdev is selling debt – BusinessLine

India’s bond market is so hot even yoga guru Ramdev is selling debt – BusinessLine

New bond issuers are rushing into the Indian debt market as unprecedented stimulus measures lower borrowing costs to their lowest since 2005.

Yoga guru Baba Ramdev’s Patanjali Ayurved Ltd and Wipro Enterprises Pvt, part of Indian software mogul Azim Premji’s empire, are among the top 91 rupee sellers this year. That’s a rebound from 2019, when investor risk aversion amid tightening credit led…

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