Global ratings agency upgrades India’s rating due to structural reforms, resilience and high potential growth
Photo: dbrs.morningstar.com Morningstar DBRS, a global ratings agency, has upgraded its rating of India’s long-term and short-term debt on the basis of the country’s structural reform efforts, fiscal consolidation, resilient banking system, and high potential growth rate. India’s long-term rating was raised to BBB from BBB (low), while short-term rating was raised to R-2 (high) […]
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