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Moody's warns of downgrading Tata Motors
March 26, 2020 | By Moneycontrol.com
business
“The combined credit effects of these developments are unprecedented. The automotive sector has been one of the sectors most affected by the shocks given its sensitivity to consumer demand and sentiment,” it said.
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Moody's Investors Service has placed the ratings on Tata Motors on review for a possible downgrade. The review, which will be completed over the next 90 days, is on the Ba3 corporate family rating and Ba3 senior unsecured debt rating,Moody's said in a stateme
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