Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable

Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable
Published Oct 19, 2015
Published Oct 19, 2015
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Abstract:

Improvements in policymaking have raised prospects for India's economic and fiscal performance. Wide fiscal deficits and low per capita income nonetheless detract from the sovereign's credit profile. We are affirming our 'BBB-' long-term and 'A-3' short-term sovereign credit ratings on India. The stable outlook indicates that we do not believe India's public finances will improve sufficiently this year or the next to warrant an upgrade, nor that its economic, external, or monetary profiles will slip enough to prompt a downgrade. On Oct. 19, 2015, Standard&Poor's Ratings Services affirmed its 'BBB-' long-term and 'A-3' short-term sovereign credit ratings on the Republic of India. The outlook remains stable. The ratings on India reflect the country's sound external profile and improved

  
Report Type:

Research Update

Ticker
1504Z@IN
Issuer
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable" Oct 19, 2015. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ratings-On-India-Affirmed-At-BBB-A-3-Outlook-Stable-1653781>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Ratings On India Affirmed At 'BBB-/A-3'; Outlook Stable Oct 19, 2015. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ratings-On-India-Affirmed-At-BBB-A-3-Outlook-Stable-1653781>
  
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