Chennai, Oct. 8 -- Indian banks are well-positioned to navigate global uncertainty, tariffs, rate cuts, and a weakening rupee, states S&P Global Ratings.
In a report published today, 'Indian Banks: Primed For Growth', S&P Global Ratings said the banks are well-positioned to navigate the global uncertainties, tariffs, a weakening rupee, and rate cuts.
Financial resilience among Indian corporates is improving, said S&P Global Ratings.
"We applied Asia-Pacific corporate default rates to CreditModel scores of more than 2,000 Indian companies. Our scenario analysis suggests that Indian banks can easily absorb potential slippages, making them primed for growth," said Credit Analyst Geeta Chugh.
As per S&P Global Ratings' analysis, the new non...