Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+

September 2, 2026 5:08 PM

Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+

Japanese credit rating agency JCR on Wednesday upgraded India's sovereign rating to 'A-' with a stable outlook, citing "solid" economic growth and improved financial parameters. The Indian economy has maintained a high growth rate of around 7 per cent, supported by robust private consumption and public investment, the Japan Credit Rating Agency (JCR) said in its India sovereign rating. The government of India has steadily implemented policies conducive to productivity growth and economic devel...

India’s sovereign rating upgraded to BBB+ (Stable) by Japan’s R&I

September 19, 2025 5:22 PM

India’s sovereign rating upgraded to BBB+ (Stable) by Japan’s R&I

India's long-term sovereign credit rating has been upgraded to ‘BBB+’ with a Stable outlook by Japan-based Rating and Investment Information, Inc. (R&I), marking the country’s third sovereign rating upgrade this year. The Ministry of Finance welcomed the move, calling it a strong endorsement of India’s robust macroeconomic fundamentals and sound fiscal management. The upgrade follows S&P’s revision to ‘BBB’ in August 2025 and Morningstar DBRS’ upgrade to ‘BBB’ in May...