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Small banks or banks for ‘small’ people?

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Pawan Hans likely to see higher margins: India Ratings

Oct 20 2013, 12:40 IST
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The upgrade factors in the steps taken by Pawan Hans to successfully address operational risks. Reuters The upgrade factors in the steps taken by Pawan Hans to successfully address operational risks. Reuters
SummaryThe rating agency has made these observations while upgrading the credit rating of Pawan Hans.

generating asset while maintaining the current margins without a significant deterioration in financial leverage.

Besides, future developments that could lead to a negative rating action include a sustained increase in net leverage, any significant write-offs or perceived weakening of linkages with the stakeholders, it added.

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