Tight onshore liquidity is driving NBFCs into the overseas bond and loan markets in search of funding. : Indian non-banking financial companies (NBFCs) are stepping up their offshore fundraising drive with Bajaj Finance and Tata Capital Financial Services the latest borrowers to turn to overseas lenders amid an ongoing liquidity squeeze at home. Bajaj Finance has mandated eight banks on a $575-million syndicated loan, the largest debut deal of the year from the NBFC sector, while Tata Capital Financial Services launched a $135-million borrowing last week. Both three-year loans are debut borrowings targeting yen and dollar liquidity among international lenders.