India’s credit rating upgraded to ‘BBB’ with ‘Stable’ trend: Morningstar DBRS
New Delhi- India’s rating has been upgraded from ‘BBB (low)’ to ‘BBB’ with a ‘Stable’ trend by global sovereign credit rating agency Morningstar DBRS. The key drivers for the ratings upgrade include India’s structural reforms through infrastructure investments, digitalisation, fiscal consolidation, sustained high growth with macroeconomic stability, and a resilient banking system.”The global sovereign credit…