Coronavirus Outbreak: Multi-notch sovereign ratings downgrade likely in 2020 due to sharp fall in oil prices, says Fitch
Fitch said the most common rating category from which multi-notch downgrades have occurred is 'B', confirming weaker sovereigns are more prone to crises.
S&P retains India's rating at 'BBB-' with stable outlook; says country's fiscal position remains precarious
Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years
Moody's Investors Service on Friday raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
Moody’s Investors Service on Friday upgraded India's sovereign credit rating by a notch to 'Baa2' with a stable outlook citing improved growth prospects driven by economic and institutional reforms.
New York-based Moody's on Friday upgraded the sovereign credit ratings by a notch to 'Baa2' with a stable outlook citing improved growth prospects driven by economic and institutional reforms.
For now, the Moody’s rating upgrade is big boost for India. The Modi government deserves credit for the reform work it has done, particularly the launch of the GST and reforms in archaic bankruptcy laws.
Moody's becomes the second ratings agency after Standard & Poor's to decline an upgrade to India's ratings despite government lobbying
Moody's saw India's credit rating materialising in the medium term based on reforms
Moody's said lower global crude oil prices since June last will benefit most Asia-Pacific sovereigns, including India, as the region is a net oil importer.
Moody's also said the supply response to inflation has been weak and the government-directed food distribution system has made worse the food supply constraints.<br />