Fitch raises India outlook to 'stable', maintains rating [Reuters]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Reuters
Fitch expects RBI's repo rate to be raised to 6.15% by 2023/24 June 10 (Reuters) - Fitch Ratings raised its outlook for India's long-term foreign currency Issuer Default Rating (IDR) to "stable" from "negative" on Friday, citing diminished downside risks to medium-term growth. The upgrade brings its view of Asia's third-largest economy in line with Standard and Poor's and Moody's ratings and outlook. S&P has a 'BBB-' rating on India, with a stable outlook, while Moody's has a Baa3 rating and stable outlook. Advertisement · Scroll to continue Fitch maintained its rating of BBB- on India. "India's economy continues to see a solid recovery from the COVID-19 pandemic shock," it said in a statement. The ratings agency said risks to the country's medium-term growth lessened due to rapid economic recovery and easing financial sector weakness, despite near-term headwinds from the global commodity price shock. "High nominal GDP growth has facilitated a near-term reduction in the
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MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 5/9/24 - Form 4
- 5/6/24 - Form 8-K
- 5/2/24 - Form 10-Q
- MCO's page on the SEC website