JCRA upgrades India sovereign rating to A- from BBB+
Japanese Credit Rating Agency raised India’s sovereign rating from BBB+ to A-, citing sustained high growth, strong private consumption, public investment, and improved financial-system stability.
The Japanese Credit Rating Agency (JCRA) has elevated India's sovereign rating from BBB+ to A-, highlighting the nation's strong economic growth, vigorous private consumption, and public investment, as well as enhancements in the stability of its financial system.High Sustained Growth"JCR has upgra…