Barclays India Ltd., a unit of Barclays PLC (BARC.LN), raised INR15 billion via short-term debt Wednesday, three people familiar with the matter, including one directly involved in the deal, said.

The Indian unit of the British lender issued certificates of deposit with a maturity of around 80 days yielding 3.30%, the people told Dow Jones Newswires, asking not to be named.

-By Bijou George, Dow Jones Newswires; +91-22-6145-6111; bijou.george@dowjones.com