Singapore, April 09, 2015 -- Moody's Investors Service has affirmed the long-term ratings and changed the outlook to positive from stable for 12 Indian government-owned financial institutions. The rating actions are in line with Moody's affirmation of the Government of India's Baa3 issuer and senior unsecured ratings on 9 April 2015, and Moody's changing of the sovereign's ratings outlook to positive from stable on the same date.
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