Moodys puts LIC, 3 private banks on notice for downgrade
ENS Economic Bureau : Mumbai, Tue May 01 2012, 01:11 hrs
Close on the heels of Standard & Poor's move to cut India's rating outlook to negative, another global rating agency, Moody's Investors Service, is reviewing its rating of four Indian financial institutions ICICI Bank, HDFC Bank, Axis Bank and LIC
for a possible downgrade within three months. The standalone credit assessments of these institutions are currently positioned one notch above India's sovereign debt rating.
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http://www.indianexpress.com/news/moodys-threatens-lic-icici-hdfc/943712/