Fitch retains India's BBB- sovereign credit rating for 20th year, forecasts GDP growth at 6.4% — Here's what it means
Fitch Ratings retained India's sovereign credit rating at BBB- for the 20th straight year, citing a robust growth outlook, and forecast GDP growth at 6.4%. The agency also flagged fiscal risks arising from youth protests over jobs. BBB- is the lowest investment-grade rating.
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Sovereign rating action and the accompanying growth forecast are standard economy questions.
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- Fitch retained India's sovereign rating at BBB- for the 20th straight year
- GDP growth forecast at 6.4%
- Flagged fiscal risks from youth protests over jobs
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