Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel. However, Crisil expects robust balance sheet structures to provide sufficient undergirding against credit risks for an overwhelming percentage of industries it covers.
Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel. However, Crisil expects robust balance sheet structures to provide sufficient undergirding against credit risks for an overwhelming percentage of industries it covers. by Soban News (international And National News)