Business

Interest coverage ratio in FY23 is likely to deteriorate Bank of Baroda study

Interest coverage ratio in FY23 is likely to deteriorate Bank of Baroda study

MUMBAI, August 10 (IANS) – Corporate interest payments will increase going forward as interest rates are expected to rise in a tightening cycle in which the Reserve Bank of India (RBI) has proposed a rate hike of 140 basis points. Interest payments will also increase due to global financial conditions and inflationary pressures. Previously, the …

Interest coverage ratio in FY23 is likely to deteriorate Bank of Baroda study Read More »

x