Business

What prompted India’s return to the ‘A’ rating after 35 years?

While most sovereign credit rating agencies rate India a grade or two above ‘junk’ status, the recent upgrade by the Japan Credit Rating Agency sees India return to the ‘A’ grade for the first time since early 1988

· 9/8/2026, 10:22:11 AM· 2 min read
What prompted India’s return to the ‘A’ rating after 35 years?
While most sovereign credit rating agencies rate India a grade or two above ‘junk’ status, the recent upgrade by the Japan Credit Rating Agency sees India return to the ‘A’ grade for the first time since early 1988
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