As coronavirus heightens default concerns, a look at India Inc’s ‘unsafe debt’
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As coronavirus heightens default concerns, a look at India Inc’s ‘unsafe debt’

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As coronavirus heightens default concerns, a look at India Inc’s ‘unsafe debt’
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The coronavirus pandemic will likely force several businesses to default on their borrowings, even though the central bank has allowed all borrowers a three-month moratorium on debt repayments. A severe cash flow crunch due to the lockdown and tepid demand may even leave a large number of companies insolvent. This will ......

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