Banks unlikely to source credit for many companies in FY19: Report
"The adverse conditions in the interest rate market, increasing risk aversion by state-run banks, volatile external environment and limited access to alternative financing options as critical drivers for corporate credit quality in FY19, especially for weak entities," the report said.
Government's substantial cash infusion of Rs 1.53 trillion into state-run banks in FY19 would be adequate to cover credit costs emanating from stressed assets. Image source: Pixabay