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Fence paradox and debt-market crisis

As recent incidents show, triple A ratings can turn to default in less than a year

Harsh Roongta |Business Standard
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Fence paradox and debt-market crisis

3 min read Last Updated : Jun 20 2019 | 2:45 AM IST
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Companies defaulting on their debt obligations are very much in the news. Promoters are defaulting while banks and NBFCs are scrambling to recover their money. Mutual fund schemes, too, are devising w

First Published: Jun 20 2019 | 12:26 AM IST

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