Rating upgrades see a sharp rise in June quarter since Covid outbreak - Business News: Latest News & Videos about market and economy | Trendmergers

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Rating upgrades see a sharp rise in June quarter since Covid outbreak

The credit ratio, or upgrades over downgrades, has seen a steady rise since the first quarter of last year. The gauge was at 0.36 in April-June last year with 241 upgrades versus 662 downgrades. It was at 1.77 in January-March this year. A ratio below 1 indicates deteriorating financial health of the corporate sector.

from Stocks-Markets-Economic Times
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