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.
Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?
Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week,