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

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.