MOODY'S UPGRADES INDIA !
International Rating Agency Moody's Investor Service has upgraded
India's Sovereign Bond rating for the First time in the nearly 14 years,endorsing Structural reforms undertaken by the PM Narendra Modi Government that it said will boost Growth & Reduce Debt Burden.
The Agency lifted the India's Rating Baa2 from Baa3,and Changed its Rating Outlook to Stable from Positive as "Risks to its Credit Profile were broadly Balanced"
Reforms Get a Big Thumbs-Up !
International Rating Agency Moody's Investor Service has upgraded
India's Sovereign Bond rating for the First time in the nearly 14 years,endorsing Structural reforms undertaken by the PM Narendra Modi Government that it said will boost Growth & Reduce Debt Burden.
The Agency lifted the India's Rating Baa2 from Baa3,and Changed its Rating Outlook to Stable from Positive as "Risks to its Credit Profile were broadly Balanced"
Reforms Get a Big Thumbs-Up !
(ET)
