India's Finance Ministry to make a case for higher sovereign rating

Fitch has retained its sovereign rating for India at the lowest investment grade of 'BBB-' for more than 16 years now. In June 2022, Fitch revised up its outlook for India's long-term foreign currency issuer default rating (IDR) to 'stable,' from 'negative,' after a gap of two years.

India's Finance Ministry to make a case for higher sovereign rating
Fitch has retained its sovereign rating for India at the lowest investment grade of 'BBB-' for more than 16 years now. In June 2022, Fitch revised up its outlook for India's long-term foreign currency issuer default rating (IDR) to 'stable,' from 'negative,' after a gap of two years.