Short term to Total borrowings


Cohorts definition:

  • Post-liberalisation sample:
    • firms incorporated in any of 1992/1993/1994
    • with first year of reporting within three years of incorporation
  • Credit boomers sample:
    • firms incorporated in any of 2000/2001/2002
    • with first year of reporting within three years of incorporation
  • Post 2008 sample:
    • firms incorporated in any of 2008/2009/2010
    • with first year of reporting within three years of incorporation
Variable definition:
  • Short term (st) borrowing: Refers to the short term borrowings of a firm repayable within a period of 12 months. It includes short term loans from banks, FIs and commercial papers issued.
  • Total borrowings: Is the sum of borrowings from banks, FIs, government, borrowings syndicated across banks and institutions, debentures and bonds, foreign currency borrowings, loans from promoters, inter corporate loans, deferred credit, interest accrued and due, hire-purchase loans, fixed deposits, commercial papers, borrowings from RBI and other borrowings.
Database used: CMIE ProwessDX


Post liberalisation sample
Credit boomers sample
Post 2008 sample