India Inc’s proportion of rating upgrades to downgrades rises 2.56x in H1FY26: CareEdge
India Inc.’s credit profile strengthened in the first half of FY26, with the upgrade-to-downgrade ratio rising to 2.56 times from 2.35 times in the previous half, reflecting broad-based resilience across sectors, according to a recent report by CareEdge Ratings. Upgrades rose to 15% in H1FY26 from 14% in H2FY25 while downgrades held steady at 6%. … Read more