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India Inc can weather 50 bps rate hike, El Nino impact: Crisil - The Economic Times
Crisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand would remain unaffected by weather-related shortfalls. Credit performance outlook is stable despite geopolitical tensions from Middle Eastern conflicts. Growth in the banking system's credit and overall corporate credit stability appears promising for FY27.
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