Moodys: Inflation could weaken India’s debt profile

Moodys: Inflation could weaken India’s debt profile

FPJ BureauUpdated: Saturday, June 01, 2019, 04:47 PM IST
article-image

New Delhi : Global rating agency Moody’s cautioned that low growth and high inflation could weaken the country’s debt profile and raise financing cost. 

If current lower growth and high inflation persist over the medium term, the domestic financial system’s capacity to absorb government debt could fall quite considerably,” Moody’s said in a report.
This could change the structure of government debt, raise debt financing costs and weaken government debt ratios.

RECENT STORIES

West Bengal Chief Minister Mamata Banerjee To Address 12,000 Traders At The ‘Byabasayi Sammelan...

West Bengal Chief Minister Mamata Banerjee To Address 12,000 Traders At The ‘Byabasayi Sammelan...

State Bank of India, HDFC & ICICI Continue To Be In The 'Domestic Systemically Important Banks'...

State Bank of India, HDFC & ICICI  Continue To Be In The 'Domestic Systemically Important Banks'...

Government Launches Credit Assessment Model For Micro, Small & Medium Enterprises

Government Launches Credit Assessment Model For Micro, Small & Medium Enterprises

RBI’s Monetary Policy Committee Meeting Begins, Drawing Key Policy Rate's Outcome Closer

RBI’s Monetary Policy Committee Meeting Begins, Drawing Key Policy Rate's Outcome Closer

Meesho Garners ₹2,439 Crore From Anchor Investors Ahead Of IPO, SBI Mutual Fund, & BlackRock Take...

Meesho Garners ₹2,439 Crore From Anchor Investors Ahead Of IPO, SBI Mutual Fund, & BlackRock Take...