Tag: sp global ratings

S&P raises India’s FY26 GDP growth estimates to 6.5%

S&P raises India’s FY26 GDP growth estimates to 6.5%

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Photo used for representation purpose only., | Photo Credit: Getty Image/iStockphoto S&P Global Ratings on Tuesday (June 24, 2025) raised India’s GDP forecast for current fiscal to 6.5% assuming a normal monsoon, lower crude oil prices and monetary easing. S&P, also, flagged rising risks to the global economy due to the turbulence in the Middle […]

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S&P cuts India’s growth forecast to 7% for FY23

S&P cuts India’s growth forecast to 7% for FY23

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S&P projected inflation to average 6.8% in current fiscal year and RBI’s benchmark interest rate to rise to 6.25% by March 2023. S&P Global Ratings on November 28 cut India’s economic growth forecast for current fiscal year to 7%, but said the domestic demand-led economy will be less impacted by the global slowdown. S&P had in September […]

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India facing ‘cacophony of factors’ that may shake sovereign-credit metrics: S&P

India facing ‘cacophony of factors’ that may shake sovereign-credit metrics: S&P

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S&P said a deeper global economic slowdown than currently anticipated could have an adverse impact on India’s economic performance in fiscals 2023 and 2024 S&P said a deeper global economic slowdown than currently anticipated could have an adverse impact on India’s economic performance in fiscals 2023 and 2024 India is facing various factors that may […]

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Recession unlikely to hit India due to ‘not so coupled’ nature with global economy: Rating agency S&P

Recession unlikely to hit India due to ‘not so coupled’ nature with global economy: Rating agency S&P

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Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe. Global […]

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Rated Indian companies better placed to withstand rising interest rates, inflation: S&P

Rated Indian companies better placed to withstand rising interest rates, inflation: S&P

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The agency said it expects India’s continued strong economic growth to positively affect companies’ revenues The agency said it expects India’s continued strong economic growth to positively affect companies’ revenues Companies and banks in India could feel the bite of rising rates and inflation, but rated firms are better cushioned to withstand the pressure, S&P […]

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Banks’ NPA ratio likely to fall to 5-5.55% by March 2024: S&P Global

Banks’ NPA ratio likely to fall to 5-5.55% by March 2024: S&P Global

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S&P Global Ratings on Thursday said non-performing loans of banks are expected to decline to 5-5.5% of the total advances by March 2024. As per the latest Financial Stability Report published by the RBI, the gross non-performing assets (GNPA) declined to a six-year low of 5.9% in March 2022. “We project the banking sector’s weak […]

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