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Is India’s twin balance sheet problem over?
Finshots Daily
The Indian Corporate Balance Sheet Is at Its Healthiest in 10 Years
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The Indian corporate balance sheet is at its healthiest in 10 years. The NPS of PSB's finally fell to around 6% in FY22. And they were able to triple their profits over the last decade. New project announcements from private companies are now picking up. It has jumped from 5 lakh crore rupees in FY21 to a massive 26 lakh crore rupee in FY23.
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