Lenders Ask India Central Bank to Rein in Surging Hedging Costs

Some lenders have asked India’s central bank to step in to curb a sharp rise in hedging costs, according to people familiar with the matter.

By Bhaskar Dutta, Pratigya Vajpayee · Bloomberg Markets

Some lenders have asked India’s central bank to step in to curb a sharp rise in hedging costs, according to people familiar with the matter.