Fragility Beneath Strength, Credit Under Siege: India’s NBFCs Enter A New Oil Shock Phase
Published on: May 2, 2026, 5:15 p.m. | Source: Free Press Journal
S&P Global Ratings outlines a downside case where Brent approaches 130 dollars, amplifying volatility, funding stress, and systemic vulnerabilities across credit markets. Households, MSMEs, and farmers face mounting stress as inflation bites, testing the resilience of India’s shadow banking sector.
