Moody’s Investors Service on Monday said that India’s growth outlook is positive, in its annual credit analysis of government bonds. It said that India’s credit profile is supported by its strong growth potential, a large economy and high private savings rate which mitigates the risk of high government debt. The banking sector, sitting on a pile of Rs.6.3 trillion bad loans, continues to be a key source of risk. “The outlook for India’s rating is positive. The table below has details on how Moody’s arrived at this assessment.
Source: Mint August 22, 2016 08:15 UTC