Corporates Queueing Up For Credit After A Long Hiatus

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After a gap of four years, corporates are now approaching banks for credit for expansions and putting up more facilities.
Banks have, however, asked the promoters to bring in more equity to improve the debt equity ratio of these companies before they fund these projects.
According to ICICI Bank
First Published: Jan 11 2003 | 12:00 AM IST