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Rupee, Credit profile of steel, infrastructure & telecom to impact India Inc in FY18
Thu, Jun 01, 2017
Due to their low in ability of refinancing credit, sectors like telecom, steel and infrastructure will remain under-pressure even in FY18. Rupee appreciation will be another factor that will haunt steel and infrastructure sector.
Bank credit growth will inch up this year but will still remain weak
Fri, Apr 28, 2017
Madan Sabnavis and Anuja Shah economists at Care Rating said, “Performance of in FY18 will depend on how the manufacturing sector fares as this is required for revival in growth in bank credit. With a share of above 40%, it is the driving force."
Rupee depreciation remains a significant risk to India Inc
Tue, Jan 24, 2017
In a report, India Ratings said that depreciation of rupee remains a significant risk for corporate balance sheets, although it may not derail the economic recovery, it could impact their credit profile.
Rs 1.4 lakh crore loan repayment bomb is set to go off
Wed, Jun 22, 2016
Nearly half of top 500 companies in India may default on their Rs 1.7 lakh crore loan repayments this year.