India Inc credit profile gets boost from steady demand
MUMBAI: India Inc’s credit profile improved in the first half of FY26,with rating upgrades continuing to outpace downgrades across agencies. The improvement in credit profile was driven by resilient domestic demand and govt-driven infrastructure spending, offsetting the drag from escalating US tariffs.Credit rating agencies—CareEdge, ICRA, Crisil, and India Ratings (Ind-Ra)—said credit quality remained robust, aided…
