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Moody's affirms Genpact

Moody's affirmed Genpact Ltd.'s issuer rating of Baa3.

In a note, Moody's said the rating reflects the company's "financial discipline during periods of growth," as well as its commitment to a financial policy of maintaining net leverage of debt/EBITDA below 2.0x.

Moody's also said it expects Genpact to continue exploring potential acquisitions to gain competencies.

The outlook on the ratings is stable, which reflects the rating agency's expectations that the company will continue to grow steadily.