15 corporates account for 2/3 of total exposure by 10 MFs

By: | Updated: June 24, 2016 7:24 AM

As nearly half of top 500 corporate borrowers are either stressed or stand elevated risk of refinancing, an analysis by India Ratings & Research shows that top 15 corporates account..

The stressed and elevated risk of refinancing categories have the most significant portion of promoter holdings which is pledged. (Reuters)The stressed and elevated risk of refinancing categories have the most significant portion of promoter holdings which is pledged. (Reuters)

As nearly half of top 500 corporate borrowers are either stressed or stand elevated risk of refinancing, an analysis by India Ratings & Research shows that top 15 corporates account for two-thirds of the total exposure by 10 mutual fund houses.

Of these 15 firms, six are classified in medium ease of refinancing category and the rest in high ease of refinancing category.

The stressed and elevated risk of refinancing categories have the most significant portion of promoter holdings which  is pledged.

p15g1

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition