The rating outlook can be ‘Positive’, ‘Stable’ or ‘Negative’.
A ‘Positive’ outlook indicates an expected upgrade in the ratings in the medium term on account of expected positive impact on the risk profile of the entity in the medium term.
A ‘Negative’ outlook would indicate an expected downgrade in the ratings in the medium term on account of expected negative impact on the risk profile of the entity in the medium-term.
A ‘Stable’ outlook would indicate expected stability (or retention) of the ratings in the medium term on account of stable risk profile of the entity in the medium term.
RATING may also place an outstanding rating on Rating Watch based on specific events
