“As long as the Mumbai Interbank Forward Offer Rate (MIFOR) conditions are favourable, I think it will be conducive for NBFCs to raise dollar funding,” said Anudeep Ganguli, chief treasury officer, Credit Saison India. “Not too many banks have reduced their MCLR, so until that happens, ECB will still be in favour with NBFCs. Even a 50 basis point cut in the MCLR will still make the ECB more favourable.”
These 8 stocks in Anil Kumar Goel’s portfolio surged up to 60% in FY26 – Are you holding any?
Investors often keep a close eye on the portfolios of seasoned market players for cues, and ETMarkets has reviewed the recent filings of veteran investor