Credit Raters Keep Missing Big Indian Company Defaults
Towers under construction are silhouetted at sunset in the Lower Parel area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Credit Raters Keep Missing Big Indian Company Defaults

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(Bloomberg) -- Mounting debt failures in India have been catching rating companies off guard, underscoring continued challenges a year after the landmark failure of shadow bank IL&FS increased scru...
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