India Inc can absorb 50 bps rate hike, El Niño impact: Crisil

Crisil Ratings said Indian companies will manage an expected 50 basis points rate hike without significant strain. The agency expects rural demand to remain resilient despite potential weather-related challenges from El Niño.

Credit performance outlook remains stable even amid geopolitical tensions stemming from Middle Eastern conflicts. Crisil projects promising growth in banking system credit and overall corporate credit stability for FY27, indicating a healthy trajectory for the broader economy.