Who recently upgraded the credit outlook of Indian industry to Positive?

August 21, 2021

Daily Current Affairs Quiz 21 August 2021

Who recently upgraded the credit outlook of Indian industry to Positive?

A. HAL

B. IOCL

C. CRISIL

D. ONGC

Explanation:

Rating agency CRISIL recently upgraded the credit quality outlook of India Inc for FY22 from “cautiously optimistic” to “positive”, predicated on a sustained recovery in demand. This comes after the blip caused by the second wave of Coronavirus (Covid-19) pandemic in Q1FY22.