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Indian firms' credit health recovers at fastest pace in a decade: Report

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Indian firms could see a contraction in margins and the pace of ratings upgrades is expected to slow.  “Hardening interest rates and unwinding of various pandemic-related funding measures could create liquidity challenges, especially for the mid-corporates," Ind-Ra said. “A likely slowdown in export demand and headwinds on account of increasing household leverage and declining incomes will impact consumption."    This story has been published from a wire agency feed without modifications to the text.

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