Challenges ahead for most Indian non-financial companies in 2020: Moody's
Business | November 28, 2019 11:54 IST"Rated companies’ credit profiles are unlikely to improve significantly over 2020-2021 due to elevated debt levels, weakening profitability and the continued economic slowdown, which is pressuring both investment and consumption," Kaustubh Chaubal, a Moody’s Vice President and Senior Credit Officer said.