Credit rating agency Moody's retained India's sovereign rating at Baa3 with a stable outlook, indicating that it's subject to moderate credit risk. Baa3 represents the medium-grade category. The rating is unsurprising. If anything, India's resilience to macroeconomic shocks is greater than what the rating implies. Moody's believes geopolitical challenges will not derail economic recovery, leading to the stable outlook. Also, that the negative feedback between the economy and financial system is receding.
Esta historia es de la edición September 08, 2022 de The Times of India Mumbai.
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Esta historia es de la edición September 08, 2022 de The Times of India Mumbai.
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