RBI Shock Pause Pushes Up Borrowing Costs for Indian Companies
An Indian national flag flies at the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

RBI Shock Pause Pushes Up Borrowing Costs for Indian Companies

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(Bloomberg) -- The Reserve Bank of India’s surprise rate pause on Thursday is bad news for the nation’s companies, which are struggling with a prolonged cash squeeze.
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