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How the Debt Detox Is Breathing New Life into India Inc

How the Debt Detox Is Breathing New Life into India Inc

The 2023-24 fiscal year witnessed total borrowings rising by less than 1%, marking the slowest growth in corporate debt in at least seven years​​. This trend is attributed to several factors, including improved cash flows and increased profitability, which have enabled companies to internally fund their operations and growth initiatives.

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