New Delhi, Oct. 10 -- After a muted September quarter, India's corporate bond market is seeing a revival, with major borrowers lining up to raise funds as yields begin to soften following dovish signals from the Reserve Bank of India (RBI). Bharti Telecom Ltd and several other companies across sectors are preparing sizeable issuances in the coming days, merchant bankers told Mint.

Bharti Telecom plans to raise Rs.15,000 crore through short-term bonds maturing in two and three years-one of the largest corporate bond issues so far this financial year. Barclays is said to be the arranger for the offering, which is expected to open next week. Proceeds will be used to refinance debt maturing in the coming months, according to bankers familiar...