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Why India Rates So Lowly

Standard and Poor’s changed the outlook on India’s credit rating to negative, but kept the rating at BBB. This is just above junk, but the highest India’s been in a while. Pramitpal Chaudhuri writes. Dabs & Jabs

india Updated: Apr 27, 2012 01:49 IST

Standard and Poor’s changed the outlook on India’s credit rating to negative, but kept the rating at BBB. This is just above junk, but the highest India’s been in a while.