Fitch Ratings Revises India’s Outlook to Negative from Stable as Covid-19 Weakens Growth Prospects_5eeb5d476facb.webp

Fitch Ratings Revises India’s Outlook to Negative from Stable as Covid-19 Weakens Growth Prospects

The move comes after another rating agency Moody’s earlier this month downgraded India’s sovereign rating by a notch to lowest investment grade of ‘Baa2’ for the first time in 22 years.

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