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…
Tag: Pawan Agrawal
New rating guidelines will enhance credibility | CRISIL
Credit rating agency CRISIL, which pioneered ratings for MSMEs too in India, feels that the revised guidelines on the Performance and Credit Rating Scheme (PCRS) by the Union Ministry of Micro, Small and Medium Enterprises, will enhance the credibility of the ratings and increase its usage across…