A forgettable year1 min read . Updated: 12 Mar 2012, 03:26 PM IST
A forgettable year
On the one hand, they have seen rising interest rates increasing the cost of raising funds, and on the other, they are facing a squeeze in cheaper and alternative sources of credit from overseas markets.
Not surprisingly, this has resulted in a fall in investment levels in the economy, with obvious implications on growth.
Graphics by Sandeep Bhatnagar/Mint
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