Bank of Baroda, one of India’s largest banks, has hit the road with a $125m three year facility this week. The loan is the latest deal from India’s bank sector, which continues to attract demand from lenders, despite heavy supply.

BNP Paribas, Bank of Tokyo-Mitsubishi, Crédit Agricole and Standard Chartered are running the transaction and took the borrower to meet lenders in Taipei on Thursday. The banks will showcase the deal in Singapore on Friday.

The loan was...

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