Credit Risk

India deserves higher credit rating, FinMin tells Moody's

ndia today told global rating agency Moody's that it deserves higher rating, at least two notches above the present grade, on the back of improvement in basic economic parameters witnessed in the last few years.<br /><br />

S&P upgrades India banking risk assessment

The move is in contrast to that of its rival Moody's which on Wednesday downgraded outlook for India's banking system to negative.