Current Affairs · Banking and Economy
Consider the following statements regarding the quantitative dynamics driving Non-Banking Financial Companies (NBFCs) towards overseas markets for fundraising: 1. Elevated domestic borrowing costs are primarily driven by incomplete monetary transmission, where only about 25% of the 125 bps policy rate cut has been passed on. 2. Despite fully hedging currency risks, External Commercial Borrowings (ECBs) remain cost-effective, allowing firms like Piramal Finance to save approximately 30 basis points on recent fundraising. 3. Industry experts describe this shift towards overseas borrowing as a permanent structural transformation rather than a temporary opportunistic move. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 2 only
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