India's growth outlook still strong compared to peers: Fitch

The Economic Times
Published on: Dec 21, 2019
177 views

Fitch Ratings on Friday kept India's credit worthiness indicated by its Long-Term Foreign-Currency Issuer Default Rating (IDR) unchanged at 'BBB-' stating that Indias growth outlook was stable. Fitch expects India's growth to slow to 4.6 per cent per cent in the financial year ending March 2020 (FY20), from 6.8 per cent in FY19, which is still higher than the 'BBB' median of 2.8 per cent.

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