Average interest cost of India Inc at 8.2%

Tue, Oct 10 2017, 03:31 PM

The average interest cost for India Inc in 2016-17 was 8.2%, as compared to the current MCLR of 7.75-8.10% and base rate of 9-9.55%, according to a report released on Monday by Care Ratings. The survey studied 2,386 companies in 38 sectors. The highest rates were for capital goods, followed by infrastructure and FMCG