Credit Quality On Slippery Wicket
  • Elizabeth George
  • Oct 08 2013

October 8: Decoding a CRISIL report, Pawan Agrawal, Senior Director at CRISIL Ratings, says the ratio of upgrades to downgrades indicates where the trend in credit quality is headed. The ratio has been declining for the past 3 years, which emphasizes the stress corporate India is facing, he says. In this segment, he talks about companies’ loans and the impact of declining credit quality on banks and the NPA on their books.