CareEdge rates $3bn global debt, domestic ratings up 66% in Q1

CareEdge Ratings aims to establish a global presence in sovereign and corporate ratings through its Gift City-based subsidiary, CareEdge Global IFSC. The agency has already rated 39 sovereigns and $3 billion in debt, challenging conventional methodologies and claiming its models better capture geopolitical realities. Domestically, CareEdge is benefiting from the surge in bond issuance.