Tag «BAA3»

Abhimanyu Sofat, Head of Research, IIFL Securities on Moody’s downgrades India’s ratings to BAA3

Abhimanyu Sofat, Head of Research, IIFL Securities on Moody’s downgrades India’s ratings to BAA3 “Moody’s decision to lower India’s rating is a reflection of the stress in Indian economy and fiscal situation that has been amplified by the virus outbreak. We believe the subdued policy response for short term alleviation of the lockdown related stress …

MOODY’S MAINTAINS YES BANK’S INTERNATIONAL RATING AT BAA3 WITH STABLE OUTLOOK (UNCHANGED)

Mumbai, July 17, 2017: YES BANK’s International Long-Term Rating issued by Moody’s Investor Service, remains UNCHANGED at ‘Baa3 / P-3’ with ‘Stable’ outlook as updated vide Moody’s Credit Opinion dated July 17, 2017. Moody’s has consistently maintained a rating of ‘Baa3 / P-3’ with ‘Stable’ outlook since it initiated coverage on YES BANK in November …