S&P report threatening to downgrade India: Who said what
S&P report threatening to downgrade India: Who said what
It's not a big thing. Investors are not unduly concerned about the
warning. This is also because India is not a major borrower in global
marketsRashesh Shah, Chairman, Edelweiss Group, in The Times of India.
Print Edition: 08 Jul, 2012
Rashesh Shah
It's not a big thing. Investors are not unduly concerned about the warning. This is also because India is not a major borrower in global markets Rashesh Shah, Chairman, Edelweiss Group, in The Times of India
Pranab Mukherjee
This (S&P report) is not based on a fresh rating action... Between April 2012 and now there are no significant events to indicate that the economy's vulnerability to shocks has increased, though the growth numbers for the fourth quarter 2011/12 have come below expectations Pranab Mukherjee, Finance Minister, on CNN-IBN
Romesh Sobti
It is a bit of a stretch to say that the Indian economy is back to its bad old days. The scale and scope of the Indian economy is at a much different level than it was in the 1990s and its ability to recover rapidly is very strong Romesh Sobti, MD & CEO, IndusInd Bank, in The Times of India
Mohandas Pai
The government and the finance ministry are in denial and are actually shooting the messenger by denying the report Mohandas Pai, Chairman, Manipal Global Education Services, on NDTV
Setbacks or reversals in India's path towards a more liberal economy could hurt its long term growth prospects, and thus, its credit quality S&P in its report, quoted by wire agencies
