Credit ratings agencies' credibility record is peppered with questions on methodology and bias
What is the information and data matrix that Moody’s has gathered and processed to prompt them to flag rising political risks in India? Data and information are the very edifices on which the architecture of any ratings action and annotation should rest. There is now a wide body of credible academic literature that have spared no punches on CRAs’ bias against emerging economies
Source: moneycontrol.com