ONGC, IOCL, Vedanta's bonds worth $1.9 bn mature in FY23: Moody's
The rating agency also said the weakening rupee is credit negative for Indian companies that generate revenue in the domestic currency but depend on US dollar debt to fund their operations and also credit negative for companies with dollar-denominated costs but rupee-based revenue."However, we expect the negative credit implications to be limited or temporary," Moody's said.