The non-banking finance company (NBFC) has borrowings of about ₹15,000 crore, with 10-12% linked to the repo rate, which will be immediately impacted by the cut.
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick ...
Although the rate cut is seen as positive for equities, the RBI's policy failed to offer a clear direction for the stock ...
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