Borrowing cost for NBFC and Non-NBFCs on an upward bias
With the bank interest rates moving up, the cycle of interest rates moved up based on RBI policy actions, Care ratings said in its reports.
Written By: ZeeBiz WebTeam
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Increase in borrowing cost
12 bps: increase in borrowing cost for NBFCs during April-November period. (Pixabay)
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Borrowing costs for AA-rated NBFCs
252 bps: rise in borrowing costs for AA-rated NBFCs during April-October period. (Reuters)
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Borrowing cost in October
Borrowing cost for NBFCs increased to 13.5% in October. (Reuters)
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Rise in non-NBFC borrowing cost
67 bps: Rise in borrowing cost for non-NBFCs. (Reuters)
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Borrowing cost for HFC
126 bps: Jump in borrowing cost for HFCs. (PTI)
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Fall in borrowing costs
48 bps: fall in borrowing costs in November over October for NBFCs. (Reuters)
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Weighted average interest rates
10%: Weighted average interest rates increased to for NBFCs in September. (Reuters)
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Interest rates in August
9.6%: weighted average interest rates in August. (Reuters)