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India's financial system further exacerbates risks: William Foster
Moody's downgraded India's ratings to Baa3 from Baa2 on Monday, saying that the country's policymaking institutions will be challenged to mitigate the risks of a prolonged period of slower growth, rising debt and stress in the financial sector. William Foster of Moody's Investors Service says negative outlook highlights risk for a further downgrade. Watch the full interview.
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