Thursday, April 2, 2020

Outstanding dollar loans to pinch companies

“At this point of time, one can do nothing except curtail costs and postpone capex plans. Those are the only immediate solutions we have. We are watching the markets closely and taking stock,” said a top official at a leading Indian conglomerate based in Mumbai.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/outstanding-dollar-loans-to-pinch-companies/articleshow/74941291.cms

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