Saturday , November 23 2024

Business

Favorable macroeconomic conditions improve credit quality of companies

New Delhi: Indian companies have benefited from favorable macroeconomic conditions. The credit quality of Indian corporates improved between October 2023 and March 2024 (LL2K24) due to government-led capital expenditure, sustained domestic demand and lower debt on the balance sheet. According to rating agencies CRISIL, ICRA and India Ratings, the number …

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