Friday, September 1, 2023

BANKING

India Inc's credit metrics are expected to show further improvement in the September quarter, driven by factors such as softening commodity prices, price hikes by companies, and anticipation of favorable demand, according to Icra Ratings. The agency predicts that the interest coverage ratio will improve to 4.5-5 times in Q3 from 4.5 times in Q2.

from Banking/Finance-Industry-Economic Times https://ift.tt/mDHQPl0
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