Photographer: Prashanth Vishwanathan/Bloomberg

Top SUV Maker Drives Rupee Bond Sales as Costs at Six-Year Low

  • Mahindra & Mahindra ends absence to seek 10 billion rupees
  • ‘These are attractive levels’ to borrow, top underwriter says

Mahindra & Mahindra Ltd., India’s biggest manufacturer of sports-utility vehicles, is seen driving a revival in rupee bond sales after borrowing costs declined to a six-year low.

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