Broker call● Neutral for Indian equities
RBI repo rate: Crisil says India Inc can absorb 50-bps rate hike as corporate balance sheets remain strong
The brief
- Crisil Ratings said India Inc can largely manage a rate hike of up to 50 basis points
- Some sectors could face pressure from the increase
- Higher rates could pressure indebted Indian companies, though strong balance sheets may cushion the impact
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