Earlier in July, which of the following companies was upgraded to a high safety grade by Crisil? A) Manappuram Finance Limited B) Mahindra Finance C) Muthoot Finance D) Kosamattam E) None of these
C) Muthoot Finance Explanation: Ratings firm Crisil has upgraded Muthoot Finance‘s long-term debt rating to a high safety grade of AA/stable from AA-/stable earlier. Under Crisil scale, AA rating will fall under high safety category and carries very low credit risk.