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BRIEF-SBI chairman Rajnish Kumar says Moody's rating upgrade a positive development
November 17, 2017 / 9:29 AM / a month ago

BRIEF-SBI chairman Rajnish Kumar says Moody's rating upgrade a positive development

Nov 17 (Reuters) - State Bank of India chairman Rajnish Kumar:

* Moody’s rating upgrade a positive development; great enabling factor for Indian financial markets​

* Over a point of time, rating change will reduce borrowing costs of government and financial institutions

* Over a point of time, rating change will result in increased investor confidence in india growth and reform story​ Further company coverage:

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