Credit raters keep missing big Indian company defaults

By October 1, 2019 Press Coverage

Excerpt: ICRA, Care and India Ratings & Research didn’t immediately comment.“Indian rating companies are reluctant to give poor ratings to companies before the default happens,”said independent analyst Hemindra Hazari, who writes for the Smartkarma platform.

Rahul Satija • (Opens in a new window) ⧉

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