Borrowing cost for NBFC and Non-NBFCs on an upward bias
ZeeBiz WebTeam | Dec 27, 2018, 04:14 PM IST
With the bank interest rates moving up, the cycle of interest rates moved up based on RBI policy actions, Care ratings said in its reports
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Increase in borrowing cost
12 bps: increase in borrowing cost for NBFCs during April-November period. (Pixabay)
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Borrowing costs for AA-rated NBFCs
252 bps: rise in borrowing costs for AA-rated NBFCs during April-October period. (Reuters)
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Borrowing cost in October
Borrowing cost for NBFCs increased to 13.5% in October. (Reuters)
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Rise in non-NBFC borrowing cost
67 bps: Rise in borrowing cost for non-NBFCs. (Reuters)
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Borrowing cost for HFC
126 bps: Jump in borrowing cost for HFCs. (PTI)
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Fall in borrowing costs
48 bps: fall in borrowing costs in November over October for NBFCs. (Reuters)
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Average interest rates increased
10%: weighted average interest rates increased to for NBFCs in September. (Reuters)
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Interest rates in August
9.6%: weighted average interest rates in August. (Reuters)