Credit profiles were aided by domestic factors including near-decade low inflation, a 100 basis points reduction in interest rate, above-normal monsoons and consumption-supporting policy measures such as lower income tax and reduced GST, according to Crisil, Icra, India Ratings and CareEdge.
Credit profiles were aided by domestic factors including near-decade low inflation, a 100 basis points reduction in interest rate, above-normal monsoons and consumption-supporting policy measures such as lower income tax and reduced GST, according to Crisil, Icra, India Ratings and CareEdge. by Soban News (international And National News)