S&P Upgrades India’s Sovereign Rating to ‘BBB’ After 18 Years, Citing Economic Strength and Fiscal Discipline
S&P upgrades India to BBB with a Stable Outlook, highlighting Economic Resilience and Sustained Fiscal Consolidation The Ministry of Finance welcomes the decision by Standard & Poor’s (S&P) Global Ratings to upgrade India’s long-term sovereign credit rating to ‘BBB’ from ‘BBB-’ and its short-term rating to ‘A-2’ from ‘A-3’, with a Stable Outlook. The rating … Read more