Moody's red flags financial system stress | William Foster to ET NOW
Video description:
Moody’s India Baa3 rating sees a downgrade rating. William Foster of Moody’s Investor service speaks to ET Now on what triggered the move to downgrade India, what a ‘negative’ outlook means, and what are the key concerns for the economy. He says, ‘The ‘negative’ outlook means that there are risks that there could be a lower rating, there could be another downgrade in the future. With regards to the financial system, there are concerns about the entire system; it’s less so about the public sector banks because the government obviously has greater ownerships and it has been capitalizing them at a slow rate’. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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