June 26, 2020

Will credit rating agencies downgrade India to junk status?

rating 505 260620071717


Top credit rating agencies have downgraded India but the country has managed to escape a ‘Do Not Invest’ tag, also called the junk status. Here’s a look at what led to decline in India’s sovereign ratings, and what it will take to reverse the trend

Mudit Kapoor | Mohsin Sheikh | June 26, 2020 | Updated 19:24 IST
Infographic: Will credit rating agencies downgrade India to junk status?

Moody’s, S&P and Fitch – have downgraded India to their respective lowest investment grade





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *