India Inc. refinancing

The raising of funds is happening at a time when very few companies are planning large capacity expansion….

According to a Deutsche Bank analysis, India’s private sector capital expenditure is likely to contract from Rs 6,20,000 crore during 2013-15 to Rs 180,000 crore over the next three years. [Link]

One can only hope that they are being sensible about it and have prepared their own stress scenarios.

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