Page 2 - Credit Quality

Moody's downgrades Hero FinCorp ratings; outlook revised to negative

Today's rating action concludes the review for downgrade initiated on April 13, 2020, Moody's said in statement

Behind large numbers: When will corporate investment cycle fire up?

A more granular analysis of FY19 and FY18 credit data shows that of the 161 and 148 firms which fall in the 'very large accounts' category, 126 firms were common for both the years

Large, medium enterprises see 7-year fall in credit quality in April-Dec

The asset quality deteriorated for small enterprises (SMEs) as well but with lesser intensity, according to CARE Ratings

Credit portfolio of large borrowers shrinks, GNPAs decline: FSR report

For majority of the sectors, average risk weight (loan exposure of banks) has declined between March and September 2019

Value of downgraded debt trebles to Rs 1.38 trn in H1 of FY20: Crisil

Jewellery, garments, construction bear brunt of downgrades as slowdown, sharp fall in consumption demand, slower govt spending weigh

Credit quality dips in Q1 as economic slowdown hits India Inc: CARE Rating

Liquidity pressures trigger stress; SMEs face brunt

Crisil says H1 recovery due to steel sops but H2 looks hazy

It said the ratio of downgraded debt to upgrades has moved beyond one for the first time in five years to 1.92

Credit quality of rated companies moderates in FY16: CARE Ratings

Sectors that witnessed significant increase in upgrades and reaffirmations included construction, textiles, general manufacturing, food & food products etc