Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, according to ICRA's latest report.
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
Mumbai (Maharashtra) [India], April 2 (ANI): India Inc performance based on credit ratings improved sharply in the second half of the financial year 2021-22 on the back of sustained improvement in demand, secular deleveraging by debt issuers, and proactive relief measures by the government,
Pune (Maharashtra) [India], August 26 (ANI/BusinessWire India): CARE has upgraded the rating of various long-term bank facilities/instruments of Poonawalla Fincorp Limited [PFL formerly known as Magma Fincorp Limited (MFL)], by two notches to 'CARE AA+; Stable' from 'CARE AA- (under credit w
Hong Kong, July 6 (ANI): Fitch Ratings said on Tuesday there were no sovereign rating upgrades and only three downgrades in 1H21, marking the fewest rating actions in a six-month period in more than 20 years.