What is India’s sovereign rating according to Fitch Ratings in 2018?1). AA+2). A−3). BBB+4). BBB−
Answer»
Fitch Ratings retained INDIA’s sovereign RATING at 'BBB-minus'.
'BBB-minus' is the lowest investment GRADE rating.
Fitch FORECASTS India's growth to rebound to 7.3% in FY19 and 7.5% in FY20.
The Fitch Ratings added that a recent analysis CONDUCTED by it found that India had the highest medium-term growth potential among the largest emerging markets.