Bloomberg
The rising-rate backdrop is also straining the financial sector. Analysts have cut Nifty Bank Index members’ 12-month earnings estimates by 6% since April, reflecting concerns about slowing credit growth and shrinking net interest margins
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Rising borrowing costs raise new risks for small and mid-sized Indian firms
Bloomberg
08:19
The rising-rate backdrop is also straining the financial sector. Analysts have cut Nifty Bank Index members’ 12-month earnings estimates by 6% since April, reflecting concerns about slowing credit growth and shrinking net interest margins
