"In accounting, a balance sheet is a financial record of a company’s assets, liabilities and shareholder equity at a certain point in time. It is considered an important financial statement that is widely used to analyse businesses and their financial being. The Twin Balance Sheet Problem in India was the outcome of the country’s overleveraged companies and debt inflicted banks. The Indian economy took a turn and had its companies at an interest coverage rate of less than 1% as a result of which banks started finding themselves in trouble. The PPT discusses the events of the twin balance sheet issue. From the factors that went south to the root causes of it all, every aspect of the subject is presented right here. Give it a read."

Saket Kumar

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