Credit Rating agency ICRA has downgraded IDBI Bank's various debt instruments, in the backdrop of weak financial results of the bank in the third quarter of the current fiscal.
In an exclusive interview with SME Times, Rajesh Dubey, Executive Director, ICRA Online Limited, said the number of SMEs who are availing the benefits of credit rating is a small percentage, and it has to take advantage of it in the future for the growth of the sector.