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Bank funding slowing, NBFCs busy tapping other sources

Muthoot Finance to raise $650 million at 7.125% CL Jose KOCHI: With the banks frantically scouting for deposits to catch up with the pace of their...

As hedging cost soars, overseas borrowings turn too expensive

Rupee-dollar currency risk has soared to about 8 to 9 per cent C L Jose KOCHI/November 16-2023: Large non-banking finance companies (NBFCs) have substantially ramped...
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