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The Non-Bank Lenders Bracing For A Refinancing Test
Non-bank lenders face wary investors, higher costs as repayments loom.
30 Apr 2020, 06:44 PM IST
India’s non-bank lenders are set to face higher interest costs as borrowings come up for refinancing this year. Risk aversion among Indian investors and lenders, despite record high levels of liquidity, will mean that at least some of these non-bank financial companies and mortgage lenders may see higher borrowing costs.According to data from Bloomberg, the top ten NBFCs and HFCs have Rs 91,674 crore in bonds and loans maturing betwe...
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