Ukraine crisis, inflation, higher rates to increase 'risky debt' by Rs 60,000 cr in FY23: Report

An analysis of 1,385 corporate entities led the domestic ratings agency to trim revenue growth projection for entities in a post-war scenario and also forecast narrowing of the profit margins due to higher commodity prices, an increase in interest rates of up to 1 per cent and the rupee depreciating by a tenth.

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