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Date: 20/09/2024

No short-term effect of B’desh situation seen on India’s trade
 
The recent developments in Bangladesh did not have a significant impact on India’s trade and it does not foresee any near-term impact on the credit quality of India Inc., said CRISIL Ratings. However, a prolonged disruption could affect the revenue profiles and working capital cycles of some export-oriented industries for which Bangladesh is either a demand centre or a production hub, it added.
 
source: Exim News Service: New Delhi, Sept. 19