Bajaj Auto is facing potential electric scooter production disruptions starting in July due to China’s restrictions on rare earth magnet exports, a critical component for EV motors. Despite submitting numerous applications, no clearances have been received, raising concerns about meeting production targets.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts