10-July-2026
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Weak monsoon may weigh on rural demand, credit growth in coming months: S&P Global Ratings
10-Jul-2026

A weak southwest monsoon could weigh on India's rural economy in the coming months by reducing farm incomes, pushing up inflation and slowing rural demand, according to a report by S&P Global Ratings. The report said sectors such as agriculture, agrochemicals, tractors, two-wheelers and microfinance are likely to be the most affected if rainfall remains below normal.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/weak-monsoon-may-weigh-on-rural-demand-credit-growth-in-coming-months-sp-global-ratings/articleshow/132303859.cms