What is the CRISIL rating for New India Assurance Company Limited?

AA/Stable
AAA/Stable
AA/Negative
AAA/Negative

The correct answer is A. AA/Stable.

CRISIL is an Indian credit rating agency. It was founded in 1987 and is headquartered in Mumbai. CRISIL is a member of the Standard & Poor’s Global Ratings family.

CRISIL ratings are used by investors, lenders, and other stakeholders to assess the creditworthiness of companies and other

entities. The ratings are based on a variety of factors, including the entity’s financial strength, business profile, and management quality.

The AA rating is a high investment grade rating. It indicates that the entity has a strong financial position and a good track record of meeting its financial obligations. The Stable outlook indicates that CRISIL does not expect the entity’s credit quality to change significantly in the near future.

The other options are incorrect because they are either lower ratings or have a negative outlook. A lower rating indicates that the entity has a weaker financial position or a poorer track record of meeting its financial obligations. A negative outlook indicates that CRISIL expects the entity’s credit quality to deteriorate in the near future.

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