“The risk of de-rating is on the lower side for banks, while it seems very high for most other sectors,” said Kotak’s analysts including Sanjeev Prasad, Anindya Bhowmik and Sunita Baldawa in a note to clients.
New senior citizens policy in the works after 25 years
India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs