Fitch maintains its rating on India, citing strong growth

Credit-rating firm Fitch on Monday maintained its long-term foreign-currency issuer default rating on India at ‘BBB-’, citing the country’s strong economic growth and resilient external finances.

“India’s economic outlook remains strong relative to peers, even as momentum has moderated in the past two years,” Fitch said in a statement.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.