SBI, HDFC, Bajaj Finance among 10 Indian FIs to see borrowing costs drop after S&P Global upgrade

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The other institutions include ICICI Bank, Axis Bank, Kotak Mahindra Bank, Union Bank, Indian Bank, Tata Capital and L&T Finance. With India’s sovereign and institutional ratings now aligned at ‘BBB’, analysts expect capital inflows to improve and risk premiums to narrow further.

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SBI, HDFC, Bajaj Finance among 10 Indian FIs to see borrowing costs drop after S&P Global upgrade

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