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The Economic Times

Economy / The Economic Times

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Indian banks better placed than APAC peers: Fitch on West Asia woes

India's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While other APAC nations face pressure from rising fuel costs and slower growth, India maintains a neutral outlook. However, small borrowers might experience strain if oil prices continue to surge, impacting domestic demand and consumer spending.

10 Jun 2026 12:43 am