Moody’s Keeps India’s Rating Steady at Baa3, Highlights Growth and Fiscal Balance
Moody's cites India's strong GDP growth and limited external debt as key factors in maintaining its Baa3 rating despite fiscal challenges and global trade pressures.
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7 Articles
Moody's retains India's credit rating at ‘Baa3’ with stable outlook, expects growth to outpace G20 economies
Moody's assigned a Baa3 rating and stable outlook to India's long-term issuer ratings amid strong economic growth and a sound external position. However, fiscal weaknesses persist, affecting debt affordability despite GDP growth and gradual fiscal consolidation.
Indian Economy: Good news on the economic front, US agency expresses confidence again
Indian Economy: Moody's, a leading US rating agency, recently maintained India's long-term local and foreign currency issuer ratings at Baa3, with a "stable" outlook. Furthermore, the senior unsecured rating also remained at Baa3. Simply put, these ratings indicate India's ability to repay debt incurred in its own currency (rupees) and foreign currencies (such as the dollar). The senior unsecured rating indicates India's ability to repay unsecur…
Moody’s reaffirms India’s Baa3 Rating, ‘Stable’ outlook amid economic growth
New Delhi: Moody’s Investors Service, a global rating agency, on Monday September 29 reaffirmed India’s long-term local and foreign-currency issuer ratings at ‘Baa3‘ with a ‘Stable’ outlook. Additionally, the short-term local-currency rating was also maintained at P-3.The rating is given on the backing of robust economic growth and sound external position. “The rating affirmation and stable outlook reflect our view that India’s prevailing credit…
Moody's retains India rating at 'Baa3', maintains 'stable' outlook
New Delhi, Sep 29 (PTI) Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3. "The rating affirmation and stable outlook reflect our view that India's prevailing credi…
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