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Full text of S&P report 'Will India be the first BRIC fallen angel?'

NDTV.com | Updated: June 11, 2012 20:11 IST

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In a report, credit rating agency Standard and Poor's has warned that India may become the first among the BRIC - Brazil, Russia, India and China - countries to lose its investment grade rating, citing slowing GDP growth and political roadblocks to economic policymaking as some of the factors that could lead to such an action.

Here's the full text of the report:

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Story first published:
June 11, 2012 19:11 IST
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