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How credit rating companies can catalyze economic recovery

5 MINS READ

Bhavin Parikh

Delivery Head, Information Services - North America Business, TCS

Highlights

  • In the wake of COVID-19, stock markets were badly hit but they rebounded quicker than ever.
  • Despite the global uncertainty, job losses, and businesses closing shop, the financial markets were able to recover at a fast clip – why? Because the stock market works on perception of the economy in the future, not the present-day reality. 
  • We believe credit rating agencies can play a pivotal role in bridging this gap and supporting economic recovery.