'Companies may default on Rs 2.54-L cr bank loans in next 3 years’

A study of top 500 private sector companies by India Ratings & Research showed that about Rs 10.5 lakh crore of their debt could turn vulnerable, which means borrowers could face difficulty in servicing these loans. These 500 debt-heavy borrowers have an outstanding loan book of Rs 39.28 lakh crore. Out of this, the existing default amounts to Rs 7.35 lakh crore loans.

from Banking/Finance-Industry-Economic Times https://ift.tt/2PCPpvM
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