India's Money Market Soars as Banks Join Lending Party

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India's Money Market Soars as Banks Join Lending Party

India's money market is on fire! State-owned banks are borrowing like there's no tomorrow, pushing turnover to a jaw-dropping ₹5.5 trillion. With credit demand soaring, even private banks are joining the lending party. But beware, higher borrowing costs are sneaking in, making this money dance a bit tricky!

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india's money market hits record high amid lending frenzy