scorecardresearchBanks likely to weather near-term pressure from rate hikes, says Fitch Ratings

Banks likely to weather near-term pressure from rate hikes, says Fitch Ratings

Updated: 14 Jul 2022, 11:58 AM IST
TL;DR.
  • Aggregate corporate leverage has fallen back in recent years and India has a low level of household debt/nominal GDP, at 14.5% in 2021. Nonetheless, Fitch Ratings believes some areas could experience heightened credit stress.
 FILE PHOTO: The RBI’s June 2022 Financial Stability Report noted that the micro, small and medium-sized enterprise sector has begun to show signs of revival while highlighting that risks still persist. REUTERS/Adnan Abidi

 FILE PHOTO: The RBI’s June 2022 Financial Stability Report noted that the micro, small and medium-sized enterprise sector has begun to show signs of revival while highlighting that risks still persist. REUTERS/Adnan Abidi