India Inc’s proportion of rating upgrades to downgrades rises 2.56x in H1FY26: CareEdge

September 30, 2025

India Inc.’s credit profile strengthened in H1 FY26, with upgrades outpacing downgrades and corporate leverage at a decade-low. Infrastructure, BFSI, and manufacturing led gains, while microfinance, auto ancillaries, and chemical sectors faced pressure.

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