Rating companies are at the receiving end whenever there’s a credit market blow-up. India is no exception. ICRA, the local unit of Moody’s Investor Services, carried its share of blame. N. Sivaraman, an industry veteran, is now the managing director at the credit-rating company. In an interview with Saikat Das and MC Govardhana Rangan, he lays out his roadmap. Edited excerpts;
As a rating company you have an aerial view of the corporate world.