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Crisil review forecasts good times for economy

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 The domestic business outlook had improved dramatically and had provided strong support to the credit quality of rated companies, Crisil said.

 Further, for the first time in the last five years, the number of upgrades has exceeded downgrades in the manufacturing, finance and infrastructure sectors.

 In a rating round-up for the first half of the current financial year, Crisil said upgrades outnumbered downgrades four to one.

 The number of upgrades in Crisil

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First Published: Oct 07 2003 | 12:00 AM IST

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