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) ⧉

Are you a Professional Journalist?

The Smartkarma Press Pass is a special login created exclusively for pre-approved professional journalists. It allows a journalist to access content on the platform and use all the powerful search and discovery functionality available. Journalists can excerpt and quote from the content on Smartkarma to enrich and support their articles.

Request your Press Pass Now