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Monday, May 6, 2024
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HomeEconomyIndia questions Moody’s rating parameters as it bids for upgrade - source

India questions Moody’s rating parameters as it bids for upgrade – source

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NEW DELHI (Reuters) – India questioned Moody’s Investors Service rating parameters in a meeting held in New Delhi on Friday, according to a government source, as the country seeks an upgrade from the global ratings agency.

Moody’s rates India at the lowest investment grade of “Baa3” with a “stable” outlook, similar to those assigned by S&P and Fitch at ‘BBB-‘.

(Reporting by Nikunj Ohri; Editing by Andrew Cawthorne)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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