New Delhi, Jan. 28 -- Companies in India reduced borrowings through corporate bonds in the current financial year, as significant changes in global trade and stubborn domestic yields mostly blunted the Reserve Bank of India's easing cycle.

Funds raised through corporate bonds declined by 6% on-year to Rs.6.76 trillion in the first nine months of FY26, data from the Securities and Exchange Board of India showed, despite a 125-basis-point cut in policy rate and sustained liquidity support from the Reserve Bank of India (RBI).

While 1,458 issuers tapped the debt market in the first nine months of this fiscal, a total of 1,219 borrowers raised Rs.7.18 trillion through corporate bonds in the same period a year ago, according to Sebi data.

M...