Following S&P Global’s upgrade of India’s sovereign rating from ‘BBB-‘ to ‘BBB’, the Japanese credit rating agency, Rating and Investment Information, Inc. (R&I), has decided to further boost the country’s long-term sovereign credit rating to ‘BBB+’ from ‘BBB’. This move reflects a positive outlook and increased confidence in India’s economic stability.
Japanese Credit Rating Agency Upgrades India’s Sovereign Rating To BBB+
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