Rating companies report sharpest rise in upgrades, improvement in creditworthiness

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 Economy-News-Economic Times https://ift.tt/2UDni5l
via