Fitch retains India's 'BBB-' rating for 20th year, sees 6.4% growth
Fitch Ratings retained India's sovereign credit rating at 'BBB-' for the 20th straight year, citing a robust growth outlook, and forecast GDP growth of 6.4%. The agency also flagged fiscal risks arising from youth protests over jobs. 'BBB-' is the lowest investment-grade rating on Fitch's scale.
Nabka Insight
A sovereign-rating reaffirmation with a specific GDP forecast — a staple economy question by rating and figure.
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- Fitch retained India at 'BBB-' for the 20th consecutive year.
- Forecast India's GDP growth at 6.4%.
- Flagged fiscal risks from youth protests over jobs.
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