How does S&P Global Ratings view the interest rate cycle in India?
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How does S&P Global Ratings view the interest rate cycle in India?

How does S&P Global Ratings view the interest rate cycle in India?
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How does S&P Global Ratings view the interest rate cycle in India?

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S&P Global Ratings suggests that the interest rate cycle in India is unlikely to shift immediately, as headline inflation remains above the Reserve Bank of India's target of 4%. The agency envisions a gradual reduction in interest rates by 100 basis points in India by March 2024.

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