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
