States’ off-balance-sheet borrowings at decadal high: Crisil

States’ off-balance-sheet borrowings at decadal high: Crisil

States have done off-balance-sheet borrowings through various entities in FY22, resulting in a 1 percentage point increase in such hidden loans to 4.5% of GSDP, a report said on Wednesday. The report by ratings agency Crisil, based on an analysis of 11 States accounting for three-quarters of GSDP, warned that this will impact the badly-needed […]

Continue Reading