Although all of the Indian banks are sitting on enough liquid cash, they are still not lending. If they do lend, interest rates are as high as 14-27% !
How much time would it take for it to get comfortable or at least better for the Indian corporates??
Thanks in advance!
i dont know.
take a loan from the elephant bank, but u got to pay em back in peanuts.
They will start in the next 60 days. They don’t want to be blamed if the crisis continues and they did nothing..