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: 

Category: 

Topics: 

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: 

Topics: