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NTPC receives downgrade in issuer credit rating from Moody's

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NTPC announced that consequent upon Moody's Investors Service (Moody's) downgrade of India's sovereign rating from baa2 to baa3 with a negative outlook, the issuer credit rating assigned to NTPC has also been downgraded by one notch from baa2 to baa3 with a negative outlook, by Moody's.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, June 04 2020. 10:18 IST