Goldman Picks Reliance as Bharti Favored in Top 10: India Credit

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Goldman Sachs Group Inc. recommended India’s Reliance Industries Ltd. and Bharti Airtel Ltd. among its 22 most-favored bonds in Asia, saying it’s time to take advantage of the widest spreads in almost a year.

The investment bank picked Reliance’s 5.4 percent February 2022 notes as one of 12 investment-grade buys while Bharti’s