Credit downgrades in India abate on signs economy bouncing back - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Credit downgrades in India abate on signs economy bouncing back

Economic data suggests that Asia’s third-biggest economy is recovering, albeit unevenly, after it shrank a record 24% in the three months to June 30. A slower pace of downgrades may open the door to funding for weaker borrowers in India.

from Stocks-Markets-Economic Times
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