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India rating upgrade News

India rating upgrade

06 May 2017

Rating agencies far from India's ground realities: Das

Upset over not getting a rating upgrade, India has lashed out at global rating agencies saying they are far detached from ground realities and must introspect as the reforms initiated certainly warranted an upgrade.

19 Oct 2015

S&P retains India's rating at BBB-, rules out upgrade

'BBB' is the lowest investment grade rating and stable outlook reduces risk of possible sovereign rating downgrade.

22 Jun 2015

Weak public finances strain India's rating upgrade: Fitch

Government's reform initiatives have unlocked Indian "economy's dynamism" but weak public finances continue to remain a strain on any rating upgrade, global ratings firm Fitch said on Monday.

26 Apr 2015

India's rating upgrade after eco parameters improve: Moody's

Earlier this month, Moody's had upgraded India's outlook to positive from stable, but retained the credit rating at the existing level at 'Baa3', just a notch above the junk grade.

14 Apr 2015

Rating upgrade depends on fiscal prudence: Moody's analyst

US-based Moody's has a caveat before considering a rating upgrade for India -- the country should stick to fiscal consolidation and effectively address weaknesses in the banking sector.

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