Fitch Ratings has downgraded 28 Asia Pacific corporates and changed its outlook on another 32 corporates in the last three months. This list also has a couple of Indian companies. CNBC-TV18’s Surabhi Upadhyay and Prashant Nair caught up with Vicky Melbourne, head of industrials, property & consumer south and south-east Asia at Fitch Ratings to discuss the rationale.
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