Indian State Firms’ Short-Term Borrowing Costs Top 8%
The Small Industries Development Bank of India raised short-term funds at a coupon above 8% for the first time in nearly a decade, as borrowing costs have surged in India.
The Small Industries Development Bank of India raised short-term funds at a coupon above 8% for the first time in nearly a decade, as borrowing costs have climbed in Asia's third-largest economy. 1500 Indian rupees)