Oil India announced that Moody's Investors Service (Moody's) has affirmed the Baa3 issuer ratings and senior unsecured bond ratings of Oil India (OIL).
Moody's has also affirmed the Baa3 rating on the backed senior unsecured notes issued by Oil India International (Wholly Owned Subsidiary of OIL). Moody's has downgraded OIL's Baseline Credit Assessment (BCA) to ba1 from baa3.
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