Global Banks Drive India Asset-Backed Securities Sales to Record

India’s asset-backed securities market has surged to a record as global banks ramp up purchases to gain exposure to one of the world’s fastest-growing major economies.

By Saikat Das, Divya Patil · Bloomberg Markets

India’s asset-backed securities market has surged to a record as global banks ramp up purchases to gain exposure to one of the world’s fastest-growing major economies.