S&P Global's India Rating Upgrade May Lower Funding Costs For India Inc
Published on: Aug. 15, 2025, 4:54 a.m. | Source: NDTV Profit
The ratings upgrade by S&P Global could help lower the cost of funding for the Indian economy and local corporates borrowing from abroad, while also triggering positive macro externalities. S&P Global Ratings on Thursday upgraded India’s sovereign rating to BBB from BBB-, with a stable outlook. The rating was upgraded, citing economic resilience and sustained fiscal consolidation.
