CARE downgrades DHFL debt worth 1.2 lakh crores. A bit late aren’t they?

These ratings agencies are as useless as they come. The role of a rating agency is to monitor the companies they rate and provide advance warning if something is about go wrong. But no…that’s not their style. In the past 6-7 months they have been caught with their pants down multiple times and yet they…… Continue reading CARE downgrades DHFL debt worth 1.2 lakh crores. A bit late aren’t they?