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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