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Rating agencies see improvement in credit quality in FY18

However, they differ on outlook for FY19 MUMBAI: Our Bureau India’s credit quality improved in FY18, according to rating agencies Crisil and ICRA. Crisil upgraded 1,402 companies and downgraded 839 entities, resulting in a credit ratio of 1.67 times in FY18, compared to 1.22 times in FY17. It attributed the reasons for an improved credit […]

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