Fitch affirms India’s credit rating at 'BBB-': Trump’s tariffs seen as ‘moderate’ risk; points to ‘robust growth & solid external finances’

Aug 25, 2025 - 16:00
Fitch affirms India’s credit rating at 'BBB-': Trump’s tariffs seen as ‘moderate’ risk; points to ‘robust growth & solid external finances’

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Fitch affirms India's credit rating at 'BBB-' with a stable outlook, buoyed by strong growth and robust external finances, despite potential US tariffs. While these tariffs pose a moderate downside risk, their direct GDP impact is expected to be modest.

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