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:
- Secured borrowings:
Refer
to loans made on the security of asset. The
classification of borrowing as secured and unsecured is
disclosed in the schedules / notes to accounts section of
the annual report.
- 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
