India's rating upgrade reflects growth story: NITI Aayog
The US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2, with 'stable' outlook, from Baa3 earlier, citing improved growth prospects driven by economic and institutional reforms.
Nov 17, 2017, 13:27 PM IST
Moody's credit rating: Why it matters to govts around world
The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments.
Nov 17, 2017, 12:07 PM IST
