December 28, 2024 03:04 am (IST)
Moody's downgrades India's rating to Baa3. Check how business community reacted
Jun 02, 2020, at 08:04 pm
New Delhi/Mumbai/IBNS: For the first time in more than two decades, Moody's Investors Service, which is the bond credit rating business of Moody's Corporation, has downgraded India's rating from 'Baa2' to 'Baa3' besides estimating the country's Gross Domestic Product (GDP) to shrink by 4 per cent.
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