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Moody's: India's fiscal 2017 budget is moderately credit positive

Moody's: India's fiscal 2017 budget is moderately credit positive

Mar 01, 2016, at 09:30 pm

Singapore, Mar 1 (IBNS) Moody's Investors Service says that India's fiscal 2017 budget - which was released on Feb 29- is moderately credit positive for most sectors, but efforts at deficit reduction will remain challenging, while the effects for public-sector banks are negative.