11.05.2015 05:02:00

Moody's: India's pro-cyclical industries to benefit from improving credit conditions through 2016

Singapore, May 11, 2015 -- Moody's Investors Service says that credit conditions should improve for Moody's-rated non-financial corporates and infrastructure debt issuers in pro-cyclical industries in India over the next 12-18 months. The improvement will be due to an upturn in economic growth, a gradual pass-through of interest rate cuts, weakness in international commodity prices, and the government's pro-growth policy agenda.

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