3 Point Analysis | ICRA downgrades ratings of Edelweiss, Piramal

Описание: Rating agency ICRA on June 25 downgraded long-term ratings of Edelweiss Financial Services and Piramal Capital & Housing Finance. This is due to the likelihood of higher defaults in their wholesale real- estate loan book, given the slowing economy. Sakshi Batra does a 3 point analysis of what this could mean for NBFCs and what should investors do?

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