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After an 18-year gap, S&P Global upgraded India’s long-term sovereign credit rating in 2025. What is India’s new long-term rating according to S&a
Question

After an 18-year gap, S&P Global upgraded India’s long-term sovereign credit rating in 2025. What is India’s new long-term rating according to S&P Global?

A.

BBB–

B.

BBB

C.

BBB+

D.

A–

E.

A2

Correct option is B

In 2025, S&P Global raised India’s long-term sovereign credit rating from ‘BBB–’ to ‘BBB’ and the short-term rating from ‘A–3’ to ‘A–2’.
This upgrade reflects confidence in India’s strong economic fundamentals and sound policy management. It also marks the first rating improvement since 2007, underscoring the country’s enhanced financial resilience.

Key Points:

  • Agency: S&P Global (Standard & Poor’s Global)

  • Previous Rating: BBB–

  • New Rating: BBB

  • Short-term Rating: Upgraded to A–2

  • Last Upgrade: January 2007

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