Fitch retains India's BBB- rating
Summary
- India's rating has been retained at 'BBB-' by Fitch.
- The 'BBB-' rating is the lowest investment grade.
- The rating has remained unchanged since 2006.
Key Facts
- · Fitch rating: BBB-
- · Rating unchanged since 2006
- · Lowest investment grade
Why it matters
The rating retention indicates a stable economic outlook for India, but also flags potential fiscal risks.
#Fitch rating#India's economy#investment grade