Indian stock markets surged for a third consecutive day, with Nifty and Sensex logging significant gains. Positive sentiment was driven by US President Trump’s remarks on reducing tariffs on Indian exports and expectations of an NDA victory in Bihar. IT stocks led the rally, buoyed by a softened stance on H-1B visas.
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