Foreign investors have withdrawn substantial funds from top Indian stocks. However, a shift is occurring with expectations that the worst is over. Domestic mutual funds are increasing their holdings, providing market stability. Analysts are optimistic about India’s future growth prospects, projecting potential gains for the Nifty index.
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