credit | inves4: Investing, News, Financial Planning - Simplified

India Ratings estimates Rs 10.52-trn of corporate debt at risk of defaulting over 3 years

At least Rs 10.52 trillion worth of corporate loans — around 16 per cent of the system-level corporate debt — is likely to default over the next three years due to prolonged slowdown in the economy. Further, around 25 per cent of the vulnerable debt is likely to turn delinquent, resulting in additional Rs 2.54 … Read more

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