
India Sovereign Credit Rating Upgraded to BBB by Morningstar DBRS – A Key Update for Government Exam Aspirants
Overview of the Rating Upgrade Morningstar DBRS, a prominent global credit rating agency, has elevated India’s long-term foreign and local currency issuer ratings from ‘BBB (low)’ to ‘BBB’, maintaining a stable trend. This upgrade signifies a positive assessment of India’s economic policies and fiscal management. Additionally, the short-term foreign and local currency issuer ratings have…