Credit ratio
According to an ICRA study, in 2013-14 while the number of downgrades exceeded upgrades for the third consecutive year, with 602 downgrades and 559 upgrades, overall, 3.3 per cent companies moved to the default category as against 4.5 per cent in 2012-13. ICRA said ,“During the last fiscal while both the number and severity of [...] Continue Reading »
