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Credit Market

25 Nov 2020

Lack of Market Intelligence is Where Rating Agencies Messed Upon IL & FS

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AAA to default in just a matter of months, can a company mess up in a few months or has the mess accumulated over ages? In the case of IL&FS, the mess has definitely accumulated over ages as per the latest revelations of the probe by the government.

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Arjun Parthasarathy
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