Business Standard

Corporates Queueing Up For Credit After A Long Hiatus

Image

Our Banking Bureau BUSINESS STANDARD

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 11 2003 | 12:00 AM IST

Explore News