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Sovereign credit rating of India upgraded to BBB+ by R&I Japan
Business Standard
|September 20, 2025
The Japanese credit rating agency, Rating and Investment Information (R&I), on Friday upgraded India’s sovereign credit rating by a notch to BBB+ from ‘BBB’ with a stable outlook backed by the country’s demographic dividend, robust domestic demand, and sound government policies.
“Despite the uncertainties surrounding the global economic environment, India’s economy can be expected to maintain firm growth, thanks to the economic structures driven by domestic demand and the policies of the administration of Prime Minister Shri Narendra Modi,” R&I said in a press statement.
This story is from the September 20, 2025 edition of Business Standard.
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