Moody’s maintains stable outlook on India

28 Nov 2012

Rating agency bucks trend to keep rating outlook stable and says its susceptibility to economic, political or financial shock is low.

Moody’s has gone against the consensus of its two rivals by maintaining a stable outlook on India.

The agency affirmed India’s Baa3 rating and stable outlook in a report published on November 27.

Moody’s says the rating is supported by credit strengths which include a large, diverse economy, strong ...

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