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DBRS Morningstar assigns BBB sovereign ratings to India
May 22, 2020 | By The Times of India
business
A BBB rating denotes adequate credit quality. As per the ratings terminology, A BBB rating means that the capacity for the payment of financial obligations is considered acceptable. May be vulnerable to future events .
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NEW DELHI: Global rating agency DBRS Inc (DBRS Morningstar) on Friday said it has assigned a 'BBB' sovereign credit rating to India. A BBB rating denotes adequate credit quality. As per the ratings terminology, A BBB rating means that "the capacity for the p
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