India’s sovereign credit rating: report by Moody’s
India’s sovereign credit rating For: Preliminary & Mains Topics covered: About India’s sovereign credit rating What do these credit ratings mean? Credit rating agencies (CRAs) News Flash Ratings agency Moody’s has lowered India’s outlook from stable to negative because of risks to economic growth, prospects of a more entrenched slowdown, poor or weak job creation, and a credit squeeze being faced by NBFC (Non-Banking Finance Companies). India’s sovereign credit rating from Moody’s…
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