Indian banks are turning to low-cost deposits, refinancing debt and raising cheap foreign capital to protect margins squeezed by higher interest rates at home, bank officials and analysts said.
India's
The government will not defer plans to sell stakes in state-run firms, required to bridge its yawning fiscal deficit, despite a poor response to two of its recent sales, a
Government-owned Rural Electrification Corp (REC) proposes to raise up to $500m.
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