Macroeconomic shocks may lead to 28% rise in companies' working capital demand in FY23, says report

The working capital requirement can rise by 28 per cent to Rs 11.2 lakh crore in FY23, compared to Rs 8.7 lakh crore in FY22, amid the war conditions, considering the significant price run-up in commodities, falling rupee and borrowing costs, it said.

from Banking/Finance-Industry-Economic Times https://ift.tt/1mQcJ0n