The ongoing trade war threatens to cast a shadow over India’s GDP growth, potentially undermining private investment and dampening consumer demand. Yet, amid this uncertainty, glimmers of opportunity emerge for certain sectors, ensuring India will not be severely affected by the trade war.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an