India's credit growth at 18-19% raises CapEx hopes
India's credit growth has reached 18-19%, surpassing expectations and raising hopes for increased private-sector capital expenditure. Christopher Wood from Jefferies emphasized this positive trend amid ongoing global economic uncertainties.
after close1 source ↓written by the desknot a recommendation
- is currently
- 18-19%
- and crude oil
- 5%
- per barrel
- $105
India's credit growth is currently at 18-19%, exceeding previous expectations. Christopher Wood from Jefferies highlighted this positive trend at the Jefferies India Forum, suggesting it may boost private-sector capital expenditure. However, global risks remain, with US 10-year yields above 5% and crude oil prices over $105 per barrel, impacting market sentiment.
Not investment advice. For informational purposes only.