Corporate Debt Downgrades More Than Doubled In FY20, Says ICRA
Stop signs stand at the end of a railway track at the empty Delhi Junction railway station during a lockdown imposed due to the coronavirus in Delhi, India. (Photographer: T. Narayan/Bloomberg)

Corporate Debt Downgrades More Than Doubled In FY20, Says ICRA

The credit quality of Indian companies deteriorated in 2019-20 as the value of debt downgraded more than doubled, according to ICRA Ratings Ltd. The disruption from the Covid-19 pandemic will only ...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.