Moody's upgrades Reliance Industries rating to Baa1

Moody's has raised Reliance Industries' credit rating to Baa1. The new rating stands two notches above India's sovereign rating.

The upgrade reflects Reliance's strong business profile. The ratings agency cited counter-cyclical business segments, significant international exposure with over one-third of revenues from exports, and limited reliance on government-linked revenues as key factors supporting stable earnings across cycles.

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Illustration of Argentina's flag and financial charts representing S&P rating upgrade
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S&P raised Argentina rating to B- and country risk fell to 437 points

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S&P Global Ratings upgraded Argentina's sovereign credit rating from CCC+ to B- on Friday. Country risk closed at 437 basis points, the lowest level since May 2018.

Moody’s Ratings has changed South Africa’s credit outlook to positive from stable while keeping its Ba2 rating unchanged. The move reflects progress on fiscal management and reforms.

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Moody's raised Argentina's credit rating from Caa1 to B3 and changed the outlook from stable to positive. The upgrade stems from the fiscal surplus, falling inflation and incoming investments.

Argentine financial markets reacted strongly on Wednesday after Fitch Ratings upgraded the country's sovereign debt. The agency raised the rating from CCC+ to B- with a stable outlook.

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Rating agency Standard & Poor’s raised Argentina’s sovereign debt rating from CCC+ to B- on Thursday, June 11, 2026, triggering sharp gains in stocks and bonds and cutting country risk to its lowest level since 2018.

Argentina's credit rating rose to B- after Fitch Ratings' decision, driving the country risk down to 496 basis points on Monday, May 11. The indicator had not broken that level since late January.

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Indian firms are turning to bank financing as corporate bond yields climb. Bank lending rates have held steady, making loans more appealing. Growth in wholesale lending at major banks highlights the change.

 

 

 

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