Summary

India Inc’s credit quality has been witnessing improvement since fiscal 2017. In the Ratings Roundup published in April 2018, CRISIL had noted that the improvement is expected to sustain in fiscal 2019, driven by buoyant commodity prices, rising industrial activity, expectation of better rural demand and improving financial metrics. On the other hand, Indian corporates have also been faced with sharp rupee depreciation, rising interest rates and rhetoric on trade wars changing into action on ground in fiscal 2019 thus far. Further with the recent turn of events in the non-banks space, they are also faced with increased volatility in debt and equity markets and investor caution.

With first half of fiscal 2019 behind us, it’s time to take stock of trends in credit quality measures such as the credit ratio and the debt-weighted credit ratio for CRISIL’s rated portfolio and also to understand outlook on credit quality in the evolving environment. 

In this backdrop, CRISIL Ratings invites you to a webinar where our experts will discuss:

• Trends seen in credit quality in first half of fiscal 2019 and primary drivers of these trends
• Which sectors did well and which didn't?
• Impact of evolving challenges on credit profiles
• CRISIL's outlook on credit quality for the near to medium term

There will be a presentation by CRISIL Ratings, followed by Q&A session.