Global Headwinds Rise: Can India Inc hold its credit strength?
While the credit ratio remains above the 10-year average of 1.55, the moderation suggests early signs of stress amid a more challenging environment.
While the credit ratio remains above the 10-year average of 1.55, the moderation suggests early signs of stress amid a more challenging environment.
Four sectors - automobiles, cement, pharmaceuticals and aluminium - which account for more than 20% of the revenue of the companies analysed, are expected to have lifted the overall numbers.