“As long as the Mumbai Interbank Forward Offer Rate (MIFOR) conditions are favourable, I think it will be conducive for NBFCs to raise dollar funding,” said Anudeep Ganguli, chief treasury officer, Credit Saison India. “Not too many banks have reduced their MCLR, so until that happens, ECB will still be in favour with NBFCs. Even a 50 basis point cut in the MCLR will still make the ECB more favourable.”
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,
June 30, 2026