{
  "id": 10964036,
  "title": "India Inc can weather 50 bps rate hike, El Nino impact: Crisil",
  "url": "https://urgent.news/2026/09/30/india-inc-can-weather-50-bps-rate-hike-el-nino-impact-crisil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T14:38:06.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/india-inc-can-weather-50-bps-rate-hike-el-nino-impact-crisil/articleshow/134597055.cms"
  },
  "original_language": "en",
  "account": "India Inc is expected to weather a 50 basis points rate hike and the impact of El Nino, according to Crisil Ratings. The agency stated that corporate India will remain unaffected by the widely anticipated rate hike, as structural strengths such as deleveraged balance sheets enable resilience. Despite the ongoing geopolitical tensions caused by the US-Israel aggression in the Middle East, Crisil noted a rise in its credit ratio, which rose to 2.18 times for the first six months of FY27 compared to 1.5 times in the previous year. The agency identified weak monsoon as a vital factor to monitor, but reiterated that rural demand is unlikely to suffer due to non-crop incomes accounting for over 40 percent of agricultural output. Crisil projects that the banking system's gross non-performing assets ratio may increase marginally to between 1.9-2 percent by the end of the fiscal year. Corporate credit growth is expected to further boost with bond market substitution if the RBI hikes its interest rates.",
  "summary": "Crisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand would remain unaffected by weather-related shortfalls. Credit performance outlook is stable despite geopolitical tensions from Middle Eastern conflicts. Growth in the banking system's credit and overall corporate credit stability appears promising for FY27.",
  "key_points": [
    "India Inc resilient to 50 bps rate hike, per Crisil",
    "Corporate balance sheets enable structural strength",
    "Rural demand remains stable despite weak monsoon"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum",
        "url": "https://urgent.news/2026/09/30/crisil-lifts-india-fy27-growth-forecast-to-7-on-strong-h1-momentum",
        "published": "2026-09-30T15:25:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}