Working capital drawdowns of corporates and MSME borrowers rising with input costs

Working capital drawdowns of corporates and MSME borrowers rising with input costs

Working capital drawdowns of corporates and MSME borrowers rising with input costsMay 18, 2022, 01:07 AM IST

"The working capital drawdowns are increasing on the corporate book because their input costs have gone up," said Samuel Joseph, deputy MD, IDBI Bank. "A 30-40% utilisation in highly rated large corporates was a big challenge earlier, today they are pushed up to 60-70%."

Govt looking at new selection body for PSU financial entitiesMay 18, 2022, 12:41 AM IST

This comes after the selection of executives by BBB for various other institutions was challenged before the courts.

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