India’s Credit Rating Downgraded by Moody’s & Fitch – Assessing likely economic impacts

Company Registration In Kolkata08 Dec, 2020Legal

Early this month, the global credit rating company Moody�s Investor Services downgraded India�s credit rating from Baa2 to Baa3. A few days later, Fitch changed its outlook for India to the �negative� category. In this post, we objective assess what this translates into, for foreign investors, companies in India seeking foreign investment.