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Borrowing costs for top NBFCs finally start to fall

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₹3 trillion ($39.7 billion) of collateral-free loans to the nation’s small businesses and a ₹75,000 crore special credit line for the shadow banking sector.

Adding to the stimulus package, the central bank on May 22 slashed the benchmark repurchase rate to the least since the measure was introduced in 2000.Despite the improvements after Indian authorities’ efforts, there have still been lingering concerns.

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