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Credit ratio rises to 4x to 2.3 in April-Aug on better corp health: Acuite

Reading also crossed pre-pandemic level of 1.8 in 2019; upgrades more than doubled to 1,380 from 571 and downgrades shrunk by 40.8 per cent from 1,015 in April-August 2020 to 601 in Apr-Aug 2021

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Credit | Liquidity

Abhijit Lele  |  Mumbai 



credit, lending, loans, support, fiscal stimulus, money
Illustration: Ajay mohanty

Showing signs of improving corporate health, the ratio for April-August 2021 moved up sharply to 2.3 from 0.56 in five months of FY21. The reading also crossed the pre-pandemic level of 1.8 in 2019, according to Acuite Ratings.

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First Published: Wed, September 08 2021. 16:29 IST

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