West Asian conflict disrupts India's overseas fundraising as global yields surge. Rising bond rates and widening credit spreads are forcing Indian companies to pause international borrowing plans. US ten-year yields climbed above four percent following recent strikes, with spreads between top-rated Indian firms and US benchmarks widening by ten basis points. Lower-rated companies face even steeper costs, with spreads expanding up to twenty-five basis points. Banks are becoming cautious about lending to companies with significant Middle East exposure, particularly in metals and oil sectors. Energy costs and supply chain disruptions through the Strait of Hormuz add pressure. Brent crude prices have jumped nearly nineteen percent since the conflict began.
