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As Moody's downgrades key financial institutions, will borrowing costs rise?
November 8, 2019 | By Livemint.com
business
The outlook revision could impact any overseas borrowing programme of the affected banks, said an analyst with a rating agency in India, adding that the actual quantum of impact may be hard to predict.Moody's on Friday revised its outlook of six Indian financ…
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New Delhi: Moody's Investors Services revision of outlook for key Indian banks and financial institutions from stable to negative on Friday could harden the borrowing costs for them in international markets in the short term, three analysts said. This could h
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