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VERIFIEDET Policy·positive
India Inc can weather 50 bps rate hike, El Nino impact: Crisil
AI Summary
- ·Crisil Ratings believes Indian companies can withstand a 50 basis points interest rate increase.
- ·The agency forecasts that rural demand will not be significantly impacted by potential weather disruptions.
- ·Credit performance outlook remains stable for India Inc, even with geopolitical tensions.