India, Sept. 29 -- Global ratings agency Moody's on Monday reaffirmed India's long-term local and foreign-currency issuer ratings, as well as its local-currency senior unsecured rating, at 'Baa3' with a 'stable' outlook, citing robust economic growth and a sound external position.
It also maintained India's short-term local-currency rating at P-3.
Moody's said the affirmation reflects confidence that India's key credit strengths—including a large, fast-growing economy, stable domestic financing base, and sound external position—will continue to support its fiscal and economic stability.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....