Moody's upgrade to benefit financial sector the most: Bankers
Describing the rating upgrade, which came after a gap of 13 years, as a "re-affirmation of how the world views India, and a long pending step," State Bank chairman Rajnish Kumar said this is "a thumbs up to the various reform measures and will bring the cost of foreign borrowings automatically down."
Nov 17, 2017, 21:14 PM IST