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An envelope precose retail price Delinquency rates in Indian structured finance transactions will continue rising in the next12-18 months due to the fall in the country's economic growth rate and rising fuel pricesweakening debt-servicing ability, Fitch Ratings says. But collateral performance remains within our base-case assumptions, and loss-absorption mechanisms and credit enhancement build-up in Indian SF transactions will continue to support the stable rating performance and outlook of the asset class.