Ratings Agency: Moody’s to discuss India outlook
Moody’s currently assigns a rating of Baa3, the lowest investment-grade rating to Asia’s third-largest economy.
NEW DELHI:
Global credit ratings agency Moody’s, which cut the outlook for Indian banking system this week, will meet finance ministry officials on Monday as part of a review of the country’s rating, a report said. Moody’s currently assigns a rating of Baa3 -- the lowest investment-grade rating — to Asia’s third-largest economy.
Published in The Express Tribune, November 13th, 2011.
Global credit ratings agency Moody’s, which cut the outlook for Indian banking system this week, will meet finance ministry officials on Monday as part of a review of the country’s rating, a report said. Moody’s currently assigns a rating of Baa3 -- the lowest investment-grade rating — to Asia’s third-largest economy.
Published in The Express Tribune, November 13th, 2011.