S&P maintains status quo on India’s rating

 

Standard & Poor’s (S&P) has maintained status quo for India’s ratings. S&P has assigned sovereign rating for India unchanged at ‘BBB-‘ and keeps outlook stable.

Moody’s Investors Service last week upgraded the Government of India’s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com