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S&P affirms India’s sovereign rating at "BBB-" with a stable outlook.

Economy | Dated: 01 Dec 2025

Global rating agency S&P Global Ratings has affirmed India's sovereign credit rating at "BBB-" with a stable outlook. "BBB-" is the lowest investment-grade rating. The agency cited India's robust economic growth and improved quality of government expenditure as reasons for the affirmation.

🎯 Key Highlights:

  • S&P expects India's economy to grow at 6.8% in FY26, making it one of the fastest-growing emerging markets.
  • However, the agency noted that high fiscal deficit and government debt levels remain constraints on the rating.
  • A "Stable" outlook indicates that the agency does not expect to change the rating in the near term.

💡 Other Important Facts:

  • Rating: BBB- (Investment Grade).
  • Outlook: Stable.
  • Growth Forecast: 6.8%.

📚 Test Your Knowledge:

What is India's sovereign credit rating as affirmed by S&P Global recently?

Correct Answer: BBB-

🚀 Quick Recap:

About S&P Global

  • HQ – New York, USA
  • President – Douglas Peterson