Icra says that the credit cost to increase by 100 to 120 bps, which along with an expected margin compression, shall impact profitability in FY2025
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Crisil Ratings says, the high raw material prices likely to weigh on margins and modest leverage to support credit risk profiles
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According to the CareEdge Ratings, the credit growth will trail deposit growth
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The declining cost pressure to support margin expansion despite subdued realisations, says Crisil Ratings
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