Corporate leverage in decline, banking strain remains: DBS

NEW DELHI: India Inc is witnessing gradual unwinding of corporate leverage, but the "strain" on the banking sector is likely to remain for the time being, says a DBS report. According to the global financial services major, gradual unwinding in corporate leverage is under way and the overall corporate sector stability improved in 2015-16 as against 2007-08, but the stress on banks' balance sheets stays.