Indian SOEs fire up dollar loans as capex comes back into focus
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Indian SOEs fire up dollar loans as capex comes back into focus

India_flag_Adobe_14May

Indian state-owned companies have returned in force to the loan market, raising funds for their planned capital expenditure as Covid-19 cases slow in the country. But the aggressive pricing offered by local banks means foreign lenders may end up being squeezed out. Pan Yue reports.

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