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Morningstar DBRS upgrades India's credit rating to 'BBB', citing economic growth and reforms.
Global credit rating agency Morningstar DBRS upgraded India's Long-Term Foreign and Local Currency Issuer Ratings to 'BBB' with a 'stable' trend, reflecting improvements in structural reforms, infrastructure investments, and fiscal consolidation.
India's economy has seen high growth, averaging 8.2% from 2022-2025, supported by macroeconomic stability and a resilient banking system with low non-performing loans.
The upgrade indicates potential for further improvements if India continues its reform efforts and enhances investment rates for sustained growth.
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Morningstar DBRS mejora la calificación crediticia de la India a 'BBB', citando el crecimiento económico y las reformas.