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HDFC-HDFC Bank Merger Set To Shake Up India Debt Market


“HDFC’s exit will initially hurt overall sales volume next year,” said Jayen Shah, founder of Mavuca Capital Advisors Pvt., a fintech investment banking firm. “I expect a lot of first-time issuers, state and private companies tapping the bond market next year as yields stabilize, which may then gradually fill the void.”


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