Baa3 rating Current Affairs, GK & News

Moody’s retains India’s Baa3 rating with stable outlook

Moody’s Investors Service recently announced its decision to maintain India’s sovereign credit rating at a minimum investment grade of ‘Baa3’ and continue with its “stable” outlook on the country. Key Points According to Moody’s, India’s economic growth rate in the current financial year will be 7.6 percent as compared to 8.7 percent in the previous ..