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Home / Business News / India reiterates pitch for sovereign rating upgrade to Fitch

India reiterates pitch for sovereign rating upgrade to Fitch

Fitch has a BBB-, the lowest investment grade sovereign rating on India, with a stable outlook.

business Updated: Mar 07, 2018 15:00 IST
Reuters, New Delhi
A sign sits on the glass wall of financial ratings agency Fitch Ratings in the Canary Wharf business district in London, U.K. on Monday.
A sign sits on the glass wall of financial ratings agency Fitch Ratings in the Canary Wharf business district in London, U.K. on Monday.(Jason Alden/Bloomberg)

The Indian government reiterated its pitch for a sovereign rating upgrade to Fitch, citing strong macro economic fundamentals, said a finance ministry official after a meeting with the global rating agency on Wednesday.

Fitch has a BBB-, the lowest investment grade sovereign rating on India, with a stable outlook.

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