Page 3 - Moody's Ratings

Moody's India rating upgrade: Bond market rallies, then fades

Gilts failed to retain the gains, with traders booking profit

Moody's upgrade may widen trade deficit, impact exports already hit by GST

Since economists predict that the rupee will strengthen as a result of the upgrade, the export segment might find it difficult to grow as a result

Moody's India rating upgrade: Indian rupee may still depreciate

To maintain the country's competitiveness, the RBI might still want to see the rupee a little weak

Moody's upgrades ONGC, IOC, BPCL, HPCL, PLL issuer rating to Baa2 from Baa3

At the same time, the foreign currency issuer rating of ONGC has been upgraded to Baa1 from Baa2

SBI, HDFC Bank, EXIM Bank and IRFC also get Moody's rating upgrades

Moody's has also changed the ratings outlook to 'stable' from 'positive' for the four banks and some of their branches abroad