{
  "title": "India: Selected Issues",
  "publication": "IMF Staff Country Reports, February 22, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/02/22/india-selected-issues-44671",
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  "summary": "This Selected Issues paper evaluates corporate and banking sector vulnerabilities in India. The analysis shows that while corporate sector risks have subsided, debt repayment capacity remains strained, and high leverage continues to weigh on corporate resilience, which may pose further risks to banks’ asset quality. Public sector banks have stepped up recognition of nonperforming assets, but their debt recovery capacity remains weak. Simulations suggest that potential recapitalization needs, at current provisioning levels, should have a modest fiscal impact.",
  "publishDate": "2017-02-22",
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      "heading": "Major findings: corporate and banking sector vulnerabilities",
      "content": "- The Selected Issues paper evaluates corporate and banking sector vulnerabilities in India.\n- Corporate sector risks have subsided.\n- Debt repayment capacity in the corporate sector remains strained.\n- High leverage continues to weigh on corporate resilience and may pose further risks to banks’ asset quality.\n- Public sector banks have stepped up recognition of nonperforming assets.\n- Public sector banks’ debt recovery capacity remains weak.\n- Simulations suggest that potential recapitalization needs, at current provisioning levels, should have a modest fiscal impact."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Education, Exports, Income inequality, Labor, Labor markets, National accounts, Personal income, Public debt\n- Keywords: Africa, Asia and Pacific, Center, CR, debt intolerance, fuel tax reform, Global, income, Income inequality, India, intolerance approach, ISCR, labor market rigidity, Labor markets, Personal income, product market, product market regulation, UBI scheme\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/02/22/india-selected-issues-44671"
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    "Published: February 22, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475579819.002",
    "The Selected Issues paper evaluates corporate and banking sector vulnerabilities in India.",
    "Corporate sector risks have subsided.",
    "Debt repayment capacity in the corporate sector remains strained.",
    "High leverage continues to weigh on corporate resilience and may pose further risks to banks’ asset quality.",
    "Public sector banks have stepped up recognition of nonperforming assets.",
    "Public sector banks’ debt recovery capacity remains weak.",
    "Simulations suggest that potential recapitalization needs, at current provisioning levels, should have a modest fiscal impact.",
    "Subject: Education, Exports, Income inequality, Labor, Labor markets, National accounts, Personal income, Public debt",
    "Keywords: Africa, Asia and Pacific, Center, CR, debt intolerance, fuel tax reform, Global, income, Income inequality, India, intolerance approach, ISCR, labor market rigidity, Labor markets, Personal income, product market, product market regulation, UBI scheme",
    "**Country Report**"
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