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Written by: Staff

Mumbai, Apr 19 (UNI) Standard&Poor's Ratings Services today revised its outlook on Export-Import Bank of India (India EXIM), Indian Railway Finance Corp. (IRFC), and Power Finance Corp. Ltd.

(PFC), to positive from stable.

A release here today stated that simultaneously, it also affirmed the 'BB+/B' issuer credit ratings on India EXIM, and the 'BB+' long-term issuer credit ratings on IRFC and PFC.

These revised outlooks reflect the outlook on the sovereign credit ratings on India (BB+/Positive/B), which was revised to positive from stable on April 19, 2006, pointed out the release.


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