India Inc's credit quality strong in first half of FY23
Instances of rating upgrades by ICRA were over three times that of downgrades in H1 FY23
credit ratio
October 2022
April 2021
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
