https://www.taxtmi.com/news?id=52592 S&P Global upgraded long-term ratings for ten major Indian financial institutions, citing improved asset quality, profitability, and capitalization, supported by domestic focus and better recovery of bad loans. It noted that many institution ratings remain constrained by a sovereign rating cap and credited the Insolvency and Bankruptcy Code with strengthening creditor rights, improving payment culture, and encouraging restructuring of going concern entities. en-us Fri, 15 Aug 2025 08:31:03 +0530 Fri, 15 Aug 2025 08:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52592 S&P Global upgraded long-term ratings for ten major Indian financial institutions, citing improved asset quality, profitability, and capitalization, supported by domestic focus and better recovery of bad loans. It noted that many institution ratings remain constrained by a sovereign rating cap and credited the Insolvency and Bankruptcy Code with strengthening creditor rights, improving payment culture, and encouraging restructuring of going concern entities. News - Fri, 15 Aug 2025 08:31:03 +0530 https://www.taxtmi.com/news?id=52592