Multilateral funding agency Asian Development Bank (ADB), on Wednesday, said it was planning to raise funds by issuing rupee-denominated bonds. “We are looking at that...offshore rupee bonds,” said Narhari Rao, officer in-charge, ADB India resident mission, at an event here. In 2004, ADB had raised funds by floating Rs.4 billion (Rs.400 crore) onshore rupee-denominated bonds. The funds raised thus would go to finance private sector projects, Mr. Rao said. — PTI