Economy Amid COVID crisis, Moody's releases ratings on 5 public sector banks; here’re details Updated : September 04, 2020 05:11 PM IST Moody's said the downgrade of outlook is on the back of deepening economic slowdown due to the coronavirus outbreak, which will strain the standalone credit strength of banks. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.