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.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend