According to Crisil, the growth is expected to sustain over the medium term, supported by conducive policies, strong investor interest and healthy financial profiles, leading to stable credit quality of companies in the Crisil Ratings portfolio in both sectors.
Mumbai (Maharashtra) [India], June 5 (ANI): The expansion of Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government will help companies in sectors like civil aviation, hotels and tour operators where demand has been severely affected by the intense second wave of Covid-19 pandemic, rating agency Crisil has said.