Sat, Jun 17, 2023
Sovereign Rating: International agencies decide the sovereign rating on the basis of the ability of the governments of different countries to repay the debt. For this, it considers economy, market and political risk as the basis. Rating tells whether a country will be able to repay its liabilities in the future or not. These ratings range from top investment grade to junk grade.
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Fri, Apr 27, 2018
Global credit rating agency Fitch today affirmed India's sovereign rating at 'BBB-' with 'stable' outlook, saying that the country's medium-term growth potential is strong. 'BBB-' rating indicates lowest investment grade.
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