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Corporate debt up to 55% of GDP from 49% a decade ago

Corporate debt up to 55% of GDP from 49% a decade ago

Saturday, March 18, 2017, 6:05 PM
Corporate debt in emerging market economies including India, which used to average at 49% GDP nearly a decade ago, has now risen to 55% of GDP, said a latest Reserve Bank of India report. India stands at the seventh place when measuring its government debt to GDP ratio far behind countries like China, Indonesia and Malaysia.
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