From Covid shocks to inflation dangers, India’s corporations have stayed resilient because of consolidation, tighter regulation, higher information and extra disciplined stability sheets.
Credit score analysts are typically a pessimistic lot. Their KRAs are sometimes skewed in direction of avoiding threat quite than chasing rewards. But even the pessimists have been stunned by the “credit score” resilience of the Indian economy and company sector over the previous decade. The economy has efficiently navigated Covid (do not forget that?), erratic monsoons, a private mortgage and microfinance binge, and periodic volatility in demand. The query value asking is: why?
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