Explained: Why India’s credit rating should be upgraded from lowest investment grade - watch video - Times of India
India's sovereign credit rating, currently at the lowest investment grade, should be upgraded due to its status as the fastest-growing economy and its potential to become the third largest economy in the world, according to Madan Sabnavis, Chief Economist at Bank of Baroda. He highlights the importance of a good credit rating and emphasizes that India is an attractive destination for foreign investors. Sabnavis believes India deserves an upgrade to at least an A rating.
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