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

Union Cabinet Approves ₹25,060-Crore Export Promotion Mission To Boost India’s Global Trade

Union Cabinet Approves ₹25,060-Crore Export Promotion Mission To Boost India’s Global Trade

Maharashtra Govt Launches Incentive Scheme For Sugar Mills To Promote Quality, Efficiency & Farmer...

Maharashtra Govt Launches Incentive Scheme For Sugar Mills To Promote Quality, Efficiency & Farmer...

Asian Paints Q2 Profit Rises 46.8 Per Cent To ₹1,018 Crore On Strong Decorative Demand; Board...

Asian Paints Q2 Profit Rises 46.8 Per Cent To ₹1,018 Crore On Strong Decorative Demand; Board...

Icra Ups FY26 Bank Credit Growth Projection On Festive Demand, GST Cut; NPAs May Rise

Icra Ups FY26 Bank Credit Growth Projection On Festive Demand, GST Cut; NPAs May Rise

Spicejet Loss Widens To ₹635 Cr In September Quarter; Eyes Better Performance In Oct-March FY26

Spicejet Loss Widens To ₹635 Cr In September Quarter; Eyes Better Performance In Oct-March FY26