Is India’s twin balance sheet problem over?
Finshots Daily
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The Indian Corporate Balance Sheet Is at Its Healthiest in 10 Years
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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