Rating Report

DBRS Morningstar Confirms India at BBB (low), Stable Trend

Sovereigns

Summary

DBRS, Inc. (DBRS Morningstar) confirmed the Republic of India’s Long-Term Foreign and Local Currency – Issuer Ratings at BBB (low). At the same time, DBRS Morningstar confirmed the Republic of India’s Short-Term Foreign and Local Currency – Issuer Ratings at R-2 (middle). The trend on all ratings is Stable.

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