Mihir Vora, CIO of Trust Mutual Fund, discusses a cautious but optimistic outlook on domestic stocks, with a focus on banks, large NBFCs, and domestic cyclicals. He highlights the potential positive impacts of a US-induced crisis, such as reduced interest rates and commodity prices.
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