ReferIndia News Japan rating agency upgrades India's sovereign credit outlook

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Japan rating agency upgrades India's sovereign credit outlook

Published on: Sept. 20, 2025, 12:12 a.m. | Source: The Economic Times

Rating and Investment Information (R&I) has upgraded India's sovereign rating to 'BBB+' from 'BBB', acknowledging the nation's strong economic growth, fiscal discipline, and external stability. This upgrade, the third in 2025, is expected to lower overseas borrowing costs and boost investor confidence.

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