Borrowing cost includes interest, commitment charges, amortised discounts, processing fees and bill discounting charges as borrowing-related costs. Borrowing cost denotes interest and other expenses incurred in connection with obtaining borrowed funds, including commitment charges, processing charges, ... Summary
Borrowing cost includes interest, commitment charges, amortised discounts, processing fees and bill discounting charges as borrowing-related costs.
Borrowing cost denotes interest and other expenses incurred in connection with obtaining borrowed funds, including commitment charges, processing charges, amortised discounts or premiums on borrowings, charges under finance lease arrangements and analogous financing costs; bill discounting charges and similar discounting costs are also treated as borrowing cost.
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