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Heightened credit risks for India, Pakistan: S&P
Financial Express Lucknow
|May 09, 2025
The hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support, S&P Global Ratings said on Thursday.
S&P, which rates India at 'BBB-' with a positive outlook and Pakistan at 'CCC+' (outlook stable), said that in the current scenario, it did not see any imm
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