
Moody’s affirms India’s ‘Baa3’ ratings, maintains stable outlook
New Delhi, Sept 29 (UNI) Moody’s Ratings today affirmed India’s long-term local and foreign currency issuer ratings and the local-currency senior unsecured rating Baa3. The rating agency also affirmed India’s other short-term local-currency rating at P-3 while maintaining a ‘Stable’ Outlook. The stable outlook incorporates India’s gradually improving fiscal metrics and resilient growth prospects compared…