Indian companies are increasingly choosing bank loans over corporate bonds. This shift occurs as corporate bond yields have surged, while bank lending rates remain steady. Market expectations of future policy rate hikes are also influencing this decision. This trend is evident in the strong growth of wholesale loans for major Indian banks.
US market indexes fall over 1%, dragged by tech and Iran war worries
Major US stock markets experienced a significant drop on Wednesday. Chipmaker stocks continued their decline, while new tensions between the US and Iran added to