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Cost of equity declined in India By IANS | 0 Views Graph. (File Photo: IANS). Image Source: IANS News New Delhi, May 27 : The India Cost of Capital Survey 2021 concludes that in line with the falling interest rates, the cost of equity in India has declined since EY s last cost of capital survey in 2017. The EY-NSE report encapsulates views of around 200 respondents from the corporate India, spread across different sectors and company sizes. The survey concludes that in line with the falling interest rates, the average cost of equity in India has decreased since EY s last cost of capital survey in 2017. While largely a measure of risk, the cost of equity is also a proxy for return expectation, and its decline with falling interest rates can be interpreted as signs of conservatism in return expectations from prospective investments. ....