04.12.2013 23:44:00
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India, Government of -- Moody's: India's credit profile supported by economic size and diversity, constrained by high fiscal deficits and weak infrastructure
New York, December 04, 2013 -- In a report published today, Moody's Investors Service says that India's Baa3 government bond rating reflects the sovereign credit support derived from a large and diverse economy, high domestic savings, and adequate foreign exchange reserves as well as the challenges posed by large fiscal deficits, recurrent inflation and weak infrastructure.