ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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The Accuracy of Agency Ratings

Recently, regulators as well as market participants have raised serious concerns about the validity of external credit ratings in predicting the true status of corporate default risk in India. A comparison is made of the historical rating trends in India along with the global benchmarks. The credit rating agencies need to provide more insights about corporate rating movements to enable banks to derive early warning signals about inherent credit risk. The kind of risk indicators that need to be disclosed has been highlighted.



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Updated On : 6th Sep, 2019

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