Corporate defaults may rise again on cost pressures: Report

The annual default rate has nearly halved to 2.2 per cent in FY22, marginally higher than 2 per cent in FY21, for the straight two fiscal years on the back of a K-shaped recovery evident in the default rates, Crisil said in a report.

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