'Credit rating upgrades beat downgrades'
Credit rating upgrades have continued to outpace downgrades in FY25, though at a slower pace compared to FY24. ICRA remains positive due to factors like tax relief and improved credit availability, while others like CareEdge and Crisil also see stability despite global headwinds.
Credit rating upgrades have continued to outpace downgrades in FY25, though at a slower pace compared to FY24. ICRA remains positive due to factors like tax relief and improved credit availability, while others like CareEdge and Crisil also see stability despite global headwinds.
