Fitch Affirms India's Sovereign Rating at BBB- With Stable Outlook

Fitch Ratings affirmed India's long-term foreign-currency issuer default rating at 'BBB-' on August 11, maintaining a stable outlook for the economy.

The agency cited India's robust medium-term growth potential as a key factor, though it noted fiscal risks stemming from recent youth-led protests.

The 'BBB-' rating reflects a balance between strong growth prospects and high public debt levels, keeping India at the lowest investment-grade tier.