INDIAN COS COULD FACE DEBT SERVICING PROBLEMS: IMF PAPER. (30-APR-04) AsiaPulse News

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INDIAN COS COULD FACE DEBT SERVICING PROBLEMS: IMF PAPER.

Publication: AsiaPulse News

Publication Date: 30-APR-04

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WASHINGTON, April 30 Asia Pulse - India Inc could face problems in repaying their debts, posing risks to lenders, who will have to strengthen their monitoring of growing non-performing assets, warns an IMF working paper.

An examination of balance sheets of Indian companies suggests that "an increasing number of...

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