What rupee fall means for corporate fundraising in 2018-192 min read 20 Aug 2018, 09:03 AM IST
Relatively lower interest rates and easing of external commercial borrowing (ECB) norms by RBI made them an attractive fundraising option
A depreciating rupee poses risk to external commercial borrowing (ECB), a favoured route to raise money, as the cost of borrowing goes up. However, it may be good news for domestic lenders. Whether banks can cast off their bad loan baggage and rise to the task is a different matter.
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