Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: October 15, 20212021-10-15T00:30:01+05:30 2021-10-15T00:30:01+05:30In: Economics What is credit rating? India rating downgraded by Moody. current affairsgrowth Share Facebook 1 Answer Recent 0 Questions 518 Answers 176 Best Answers 0 Points View Profile [Deleted User] 2021-10-15T01:01:07+05:30Added an answer on October 15, 2021 at 1:01 am Context: Moody’s Investors Service (“Moody’s”) downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to “Baa3” from “Baa2”. It stated that the outlook remained “negative”. Credit India rating In order to rank the borrowers, a standardized rating scale is used which measures the expected investor loss in the event of default. Thus, it is a bond credit rating business of Moody’s Corporation that provides international financial research on the bonds which has been issued by the commercial and government entities. A credit rating agency (CRA) evaluates and assesses an individual’s or a company’s creditworthiness. That is, these agencies consider a debtor’s income and credit lines to analyze the debtor’s ability to repay the debt or if there is any credit risk associated. Indian credit rating system Securities and Exchange Board of India (SEBI) reserves the right to authorize and regulate credit rating agencies according to SEBI Regulations, 1999 of the SEBI Act, 1992. Indian SEBI registered agencies CRISIL Limited India Ratings and Research Pvt. Ltd ICRA Limited. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Pathalgadi? What is Bodo Accord?
Moody’s Investors Service (“Moody’s”) downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to “Baa3” from “Baa2”. It stated that the outlook remained “negative”.
Credit India rating
Indian credit rating system