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100 _aGodara, P Sachdeva, P and Borad, A.
_949919
245 _aAssessing the financial health of the Indian corporate sector
260 _aEconomic and Political Weekly
300 _a58(50), Dec 16. 2023: p.12-17
520 _aThe long-term trend in the financial soundness of the Indian corporate sector is examined using balance sheet information and the most stressed sectors are identified. A corporate vulnerability index is constructed using financial indicators which captures various dimensions of stress in the Indian corporate sector. The study reveals that corporate debt vulnerabilities increased in the aftermath of the global financial crisis with a notable reversal after 2016. The sectoral analysis identified that there has been a significant improvement in debt-to-GDP ratio and debt at risk, notably after 2016, even as sectoral idiosyncrasies remain. While the earlier impact of COVID-19 was reckoned to be severe, the corporate sector showed an impressive rebound, albeit uneven.- Reproduced https://www.epw.in/journal/2023/50/commentary/assessing-financial-health-indian-corporate-sector.html
773 _aEconomic and Political Weekly
906 _aCORPORATE GOVERNANCE
942 _cAR