TOKYO -- Japanese lenders extended $1.53 billion in syndicated loans to Indian companies in 2019, up a fifth on the year, as yield-starved banks captured booming demand for low-cost financing.
Finance
Japan's syndicated loans to India climb 20%
Regional banks flock to capture demand for low-cost financing
A JSW Steel mill in southwest India: The steelmaker is among the borrowers to receive a syndicated loan from Japanese banks last year. (Photo courtesy of the company)
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