New Delhi [India], September 3 (ANI): India’s corporate credit cycle is likely to remain stable in the near term, supported by strong corporate balance sheets, moderate debt levels and a capital expenditure cycle largely funded through companies’ own cash flows, according to a report by Kotak Institutional Equities.
The brokerage said these factors are expected to limit the risk of a significant deterioration in lenders’ asset quality.
The latest data under the Insolvency and Bankruptcy Code (IBC) also showed that fresh corporate stress remained broadly stable. A total of 177 Corporate Insolvency Resolution Processes (CIRPs) were admitted in the first quarter of FY27, compared with 668 cases during the whole of FY26.
Financial…