Significant chance of cutting India rating in future says S&P-TV

MUMBAI, Oct 10 (Reuters) - There is a significant chance of cutting India's credit rating in the future, Standard and Poor's credit rating agency has said, news channel CNBC-TV18 reported citing Dow Jones.

S&P roiled domestic markets in April when it cut India's sovereign outlook to "negative", putting at risk the country's current rating of "BBB-", the lowest investment-grade rating by the agency.

(Reporting by Swati Bhat)


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