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NEW DELHI: Moody’s Ratings on Monday affirmed India’s sovereign rating at Baa3 and maintained the outlook as stable, citing a fast-growing economy, sound external position, and a stable domestic financing base for ongoing fiscal deficits.The ratings agency said India was and will remain the fastest-growing G20 economy through at least the next two to three…
Indian economy (AI image) Moody’s, the global credit rating agency, has retained India’s rating at Baa3 for both local and foreign-currency issuer categories, as well as its local-currency senior unsecured rating. Moody’s has kept a stable outlook on India’s ratings.The stable outlook and rating confirmation indicate India’s continuing credit advantages, including its substantial and rapidly…
