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 consecutive year, citing a robust growth outlook. The agency forecast India's GDP growth at 6.4%. Fitch also flagged fiscal risks stemming from youth protests over jobs. The affirmation signals continued confidence in India's medium-term growth trajectory despite near-term pressures.
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- Fitch retained India's rating at 'BBB-' for the 20th straight year.
- Forecast GDP growth at 6.4%.
- Flagged fiscal risks from youth protests over jobs.
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