GST & Notebandi upgrade Indian sovereigns Ratings Now moody

Longer term, India’s growth potential is significantly higher than most other Baa-rated sovereigns, :- moody’s

A bond is considered investment grade or IG if its credit rating is BBB- or higher by Standard & Poor’s or Baa3 or higher by Moody’s. Generally they are bonds that are judged by the rating agency as likely enough to meet payment obligations that banks are allowed to invest in them.
Bond credit rating – Wikipedia
https://en.wikipedia.org/wiki/Bond_credit_rating

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