IndiaTimes
S&P Global Ratings upgraded long-term issuer credit ratings of seven Indian banks and three finance companies after raising India’s sovereign rating to ‘BBB/Stable/A-2’, the first upgrade in 18 years. The agency cited strong growth momentum, better inflation management, and structural reforms like the Insolvency and Bankruptcy Code…
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S&P upgrades ratings of 10 Indian financial institutions following sovereign action
S&P Global Ratings upgraded long-term issuer credit ratings of seven Indian banks and three finance companies after raising India’s sovereign rating to ‘BBB/Stable/A-2’, the first upgrade in 18 years. The agency cited strong growth momentum, better inflation management, and structural reforms like the Insolvency and Bankruptcy Code…