Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings

Crisil Ratings forecasts a positive credit quality outlook for Indian corporates in the first half of fiscal year 2024-25, with upgrades expected to exceed downgrades. Sectors like infrastructure, hospitality, and education are bolstered by government spending, while export-linked sectors face uncertainties due to subdued global demand. Overall, healthy balance sheets and sustained domestic demand are anticipated to support credit quality.
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