Fitch retains India's BBB- sovereign credit rating for 20th year, forecasts GDP growth at 6.4% — Here's what it means
Fitch Ratings has retained India's sovereign credit rating at 'BBB-' for the 20th consecutive year, citing a robust growth outlook. The agency forecast India's GDP growth at 6.4%. Fitch also flagged fiscal risks arising from youth protests over jobs, even as it maintained the rating for the twentieth straight year in its latest assessment.
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Sovereign ratings, the agency, the grade and the GDP forecast are frequently asked in the economy section.
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- Rating retained at BBB- for the 20th straight year.
- GDP growth forecast at 6.4%.
- Fiscal risks flagged from youth protests over jobs.
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