‘Corp credit rise may be temporary’
Despite banks raising corporate credit growth forecasts, Icra notes a lack of meaningful revival, attributing a recent uptake to potential pre-rate cut borrowing or overseas funding. Icra has marginally revised its overall bank credit growth outlook upwards, citing GST cuts and liquidity support.🕒 1 min read
Despite banks raising corporate credit growth forecasts, Icra notes a lack of meaningful revival, attributing a recent uptake to potential pre-rate cut borrowing or overseas funding. Icra has marginally revised its overall bank credit growth outlook upwards, citing GST cuts and liquidity support.
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