Sovereign Credit Ratings
- The Economic Survey 2021 stated that India’s sovereign credit rating doesn’t reflect its fundamentals. The survey called for an overhaul of sovereign rating methodology, saying that the fifth-largest economy can’t be BBB- rated.
- Currently, India is rated investment grade by three major CRAs – S&P, Moody’s and Fitch.
About Sovereign Credit Ratings
- A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity.
- Sovereign credit ratings can give investors insights into the level of risk associated with investing in the debt of a particular country, including any political risk.
- At the request of the country, ....
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