Global rating agency Fitch on Thursday affirmed India's sovereign rating at 'BBB-' with a stable outlook.
India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.
"Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.
India's ratings are underpinned by its strong medium-term growth outlook, which will continue to drive improvement in structural aspects of its credit profile... Читать дальше...