Indian state firms' short — term borrowing costs spike to more than 8%
By Dharamraj Dhutia MUMBAI, Oct 14 (Reuters) — The Small Industries Development Bank of India raised short-term funds at a coupon of more than 8% for the first time in nearly a decade as borrowing costs have surged in Asia's third-largest economy. Here are a few details: The high-rated state-run undertaking raised 51.7