Fitch Affirms India’s ‘BBB-’ Rating with Stable Outlook, Flags Fiscal Risks Despite Resilient Growth

Growth robust, external finances solid: Fitch says India outlook stable, affirms sovereign ratings at BBB

Fitch Ratings on Monday affirmed India's sovereign rating as 'BBB-' with a 'stable' outlook. It said that the rating and the outlook were a result of 'robust growth and solid external finances'.

Fitch retains its rating for India, sees growth at 6.5%

Fitch's rating comes days after S&P Global Ratings lifted its sovereign credit rating on India, citing strong economic growth, marking its first upgrade in 18 years.

Fitch Affirms India's Credit Rating At 'BBB-' Despite US Tariff Risks: Growth Outlook Stable

India’s economic growth, along with macro stability and improving fiscal credibility, is set to drive a steady improvement in its structural metrics, including GDP per capita.

Fitch affirms India’s ‘BBB-’ rating with stable outlook, flags fiscal risks despite resilient growth

Fitch Ratings has retained India’s long-term foreign currency issuer default rating with a stable outlook, citing strong growth prospects. However, high debt levels remain a concern, with government debt projected to reach 56.1% of GDP by FY26, despite fiscal consolidation efforts.

Fitch maintains its rating on India, citing strong growth

“India’s economic outlook remains strong relative to peers, even as momentum has moderated in the past two years,” says the credit-rating firm.

Fitch affirms India’s sovereign rating at ‘BBB-’ on robust growth, solid external finances

Fitch Ratings affirms India's 'BBB-' rating with stable outlook, citing strong growth, fiscal credibility, and potential GST reforms.