S&P affirms India’s rating at ‘BBB-‘ (stable outlook)
- Standard and Poor has affirmed India’s sovereign rating of ‘BBB-‘and maintained a “stable”outlook.
- Rating agency S&P is of the view that Real Gross Domestic (GDP) growth is likely to gradually recover in the longer-run, may be over the next two to three years.
Points to remember:
- What is India’s rating as per S&P?- BBB-
Source: Business Standard