Tag: Somasekhar Vemuri

India Inc’s credit quality recovers in H1 FY17: CRISIL

Credit quality of Indian companies seems to be turning around. For the first time in five years, the value of the debt upgraded was higher than the value of the debt downgraded, CRISIL said. The value of rated debt upgrade was Rs 72,000 crore in April-September 2016, against downgrades of Rs 40,0…