Fitch retains India’s BBB- rating for 20th straight year
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 stemming from youth protests over jobs, tempering an otherwise steady assessment of the economy.
Nabka Insight
A sovereign rating action with a growth forecast — standard economy-section material.
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- Fitch retained India’s rating at BBB- for the 20th straight year.
- GDP growth forecast: 6.4%.
- Rating rests on a robust growth outlook.
- Fitch flagged fiscal risks from youth protests over jobs.
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