Bangladesh, July 28 -- A slew of drags like persistent banking-sector weakness, fiscal constraints and mounting external risks made S&P Global Ratings revise Bangladesh's sovereign credit outlook to negative from a stable state.Economics

Advertisement The American agency's such ratings are prompted by the likelihood that these negatives could delay the country's economic recovery.

However, it affirmed the country's long- and short-term sovereign credit ratings at 'B+/B'.

In its report obtained Monday, the US ratings agency has said Bangladesh was entering a difficult period of economic rebalancing as financial-sector vulnerabilities coincided with uncertainty in global energy markets and international trade.

The agency said sustained...