The tenor of the loan is likely to be five years. It may be priced 110-120 basis points above the Secured Overnight Financing Rate (SOFR), the benchmark that replaced Libor. The deal is expected to be sealed in the next few weeks.
In the NSE midcap pack, 13 stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 18, 2026, according to StockEdge’s technical scan
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting
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