State Bank of India anticipates a rise in corporate credit demand this quarter. Bond yields are increasing, making bank loans more attractive. Previously, corporations favoured bonds due to lower rates. Reserve Bank of India’s rate cuts had initially boosted bond issuances. India aims to be a major global economy, requiring strong credit growth.
NFO Watch: 5 mutual funds and 2 SIFs open for subscription this week. Check details
ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum