Corporate credit profile robust in H1; 202 issuers got rating upgrades: Ind-Ra
- Posted on October 1, 2024
- By Business News Today
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Corporate credit profile robust in H1; 202 issuers got rating upgrades: Ind-Ra
In the first half of the fiscal year, India Ratings and Research (Ind-Ra) upgraded ratings for 202 corporate issuers, indicating continued robust performance. Large and 'A' rated corporates saw significant improvements due to steady economic growth, strong domestic demand, and increased government capex spending.
