Rating agencies see surge in downgrades in second half of current fiscal amid pandemic

While Crisil downgraded 296 entities, it upgraded 61 entities. Its credit ratio or ratio of upgrades to downgrades for the first half of the current fiscal ended up at 0.54, the lowest in more than a decade. The rate of downgrades did not surge as feared, according to Crisil.

Read Full Article on ET

Enter your email address:


We will be happy to hear your thoughts

      Leave a reply

      IndiaClicking - Buzzing News & Stocks