You are here

Indian borrowers seek short-term fixes as bad debts deter banks

Monday, August 10, 2015 - 05:50

Singapore

INDIAN borrowers are grasping at shorter-term fixes for their finances as bank lending grows near the slowest pace in more than 20 years.

Companies being shunned by risk-averse banks are increasingly turning to the nation's commercial paper market, where they can fund

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom