India’s economic prospects remain favourable compared to peers. (AI image) India’s credit rating has been affirmed at ‘BBB-’ with a stable outlook by ratings agency Fitch. The confidence in India’s growth story comes as a booster shot at a time when India faces 50% tariffs from the US for its exports.According to Fitch, India’s ratings benefit from substantial growth and …
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Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings – The Times of India
NEW DELHI: India’s large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges compared to their smaller counterparts, according to Fitch Ratings.While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the sector’s credit growth and profitability in the near term, larger NBFIs with robust operations and diversified funding channels are …
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