Friday 8 July 2016
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.
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