Moody’s affirms Reliance Industries’ Baa2 rating; outlook stable
New Delhi: Moody’s Ratings on Friday affirmed Reliance Industries Ltd’s (RIL) Baa2 long-term issuer and foreign currency senior unsecured ratings, maintaining a stable outlook on the company.
“The affirmation of RIL’s Baa2 ratings reflects company’s core credit strengths, including its large-scale operations and leading market positions across oil-to-chemicals, upstream oil and gas, digital services and organised retail,” said Kaustubh Chaubal, Senior Vice President at Moody’s Ratings.
