India Credit Rating Update - Indiagraphs
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Third Upgrade in 5 Months: India’s Credit Rating Hits BBB+ with R&I Boost

Today, 19 September 2025, the Japanese credit rating agency Rating and Investment Information, Inc. (R&I)upgraded India’s long-term sovereign credit rating to BBB+ (Stable). For the first time in years, India has climbed a step higher on the global credit ladder. This is India’s third sovereign upgrade in 2025 after: Together, these upgrades reflect growing global recognition of India’s resilient growth…