A bank employee maintains order as customers wait in lines to enter a bank during a 21-day nationwide lockdown to slow the spreading of coronavirus disease (COVID-19) in Agra, India, April 7, 2020. REUTERS/Danish Siddiqui
India’s devastating COVID-19 crisis is making investors question more than ever whether after years of debt accumulation and patchy progress on reforms, a country touted as a future economic superpower still deserves its ‘investment grade’ status.
A spate of downgrades last year had already left India’s investment grade credit ratings hanging by a thread and the…
Connect with us on our socials: