High borrowing costs, weak rupee to impact India Inc: Report
Updated : August 27, 2018 07:07 AM IST
According to a Dun & Bradstreet (D&B) report, high borrowing costs and weakness in rupee is expected to impact corporates, while uncertainties in the global market has the potential to derail the global growth story.
According to Arun Singh, Lead Economist, Dun & Bradstreet India, while the borrowing costs for companies are rising given the increase in bank lending rates, a weak rupee has also added to the borrowing woes of corporates sourcing funds from the global markets.
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