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Searched Tag: sovereign ratings
Global rating agency Moody's has reaffirmed a stable outlook for the Government of India's sovereign ratings, keeping the country's long-term and short-term ratings at Baa3 and P-3, respectively.

Moody's bullish: India's growth story continues with stable outlook

April 12, 2024, 11:27 AM - 2 min read

Moody's report emphasized India's large and diversified economy, high growth potential, relatively sound external position, and stable domestic financing base for government debt. However, it also noted challenges such as high general government debt, weak debt affordability, and low per capita income.

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