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India Inc can weather 50 bps rate hike, El Nino impact: Crisil
The brief
- Crisil Ratings said India Inc can manage an expected 0.50 percentage point rate hike
- The report also indicated rural demand would remain…
- A manageable rate rise could support Indian corporate earnings, while rural demand matters for consumer companies
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- India to add up to 50 GWh battery storage capacity over next 2 yrs: Crisil