NEW DELHI Ugg stiefel, Feb. 2 (UPI) -- A top credit rating agency has awarded India's Oil and Natural Gas Corp. the highest credit rating for an entity in India. "Credit rating agency Moody's Investor Services awarded to ONGC a credit rating higher than that of the government and the highest for an entity in the country Genuine ugg," The Times of India newspaper said Thursday. The rating is Baal for Indicative Foreign Currency debt and A2 for Local Currency Issuer. According to a news report www.botastiendas.com, the Indicative Foreign Currency Rating is two notches higher than the Sovereign Foreign Currency Rating for India and the Local Currency Issuer Rating is six notches above the Sovereign Local Currency Rating. An ONGC official said these ratings would facilitate borrowing in domestic as well as overseas markets to fund the company's growth plans. The company said its fully owned ONGC Videsh Limited www.bootsvonuggonline.com, which pursues overseas opportunities genuine ugg boots, may require substantial funds at a short notice. The Indian oil corporation has increased domestic investment. "These ratings will help in ensuring on time availability of the required funds ugg tiendas, in rupees or in foreign currency www.classicshoesoutlet.com," the company said in a statement. ONGC has appointed Citigroup as its rating advisor. It has also approached CRISIL and ICRA for domestic credit ratings. Moody's has assigned a Baa3 rating to Reliance Industries Limited ugg damen, a top private sector oil company in India.

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