Stable Outlook 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 ..
Month: current affairs - september, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Baa3 rating • economic growth rate • GDP • India's credit rating • India's sovereign credit rating • Moody's • Stable Outlook
Fitch retains India's sovereign rating at 'BBB-' with 'stable' outlook
Global credit rating agency Fitch has kept India’s sovereign rating unchanged at ‘BBB-‘ with stable outlook. This rating is at junk bond or lowest investment grade with stable outlook. A rating upgrade changes profile of country and makes it attractive to investors. In 2017, Moody’s had upgraded India’s rating (to Baa2 from Baa3) after gap ..
Month: Current Affairs - April, 2018
Topics: BBB • Business • Economy • Fitch • Sovereign Credit Rating • Stable Outlook