The government has cut interest rate on small savings schemes by 10 basis points for the July-September quarter. (Photographer: Anthony Kwan/Bloomberg)
India Inc.’s finance costs have fallen to the lowest in 10 quarters as lower interest rates and the central bank’s accommodative monetary policy help maintain ample liquidity in the markets.The finance costs of India's top 200 companies on the S&P BSE 200 Index, excluding banks and financial services firms, fell to the lowest to Rs 44,980 crore in the three months through September, according to BloombergQuint's calculations. That's ...