Tag: India Ratings
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Corporate downgrade-to-upgrade ratio inches higher in FY24: Report
[ad_1] However, the ratio at 0.37 per cent is still low, the agency said, attributing the performance of its rated entities to the continuing Indian growth story. Domestic rating agency India Ratings and Research on Monday said there was a marginal uptick in the corporate downgrade-to-upgrades ratio in FY24, when compared to the year-ago…