Banking service chronicle published this article page no 3 this article was published in the month of november accuracy and performance of ratings a balance has to be found in the trade-off between accuracy and stability. rating agencies are averse to reversing ratings within a short period of time. impact of ratings on policies pursued by borrowing countries for borrowing countries a rating downgrade has negative effects on their access to credit and the cost of their borrowing. there is a risk therefore that in order to avoid rating downgrades borrowing countries adopt policies that address the short-term concerns of portfolio investors even when they are in conflict with long-term development needs. Banking service chronicle magazine buy transparency many market participants have expressed concern over the lack of transparency over cras ratings methodologies procedures practices and processes. india and cra indias cra and outlook from three global rating agencies is moodys- baa3 the lowest investment grade and persist with its “stable” outlook on the nation. standard & poors - bbb- with stable outlook Banking service chronicle magazine subscription.
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