labels: fitch ratings india, economy - general
India investment rating not to change: Fitch news
23 August 2007

Despite the political uncertainty brought about by differences on the Indo-US nuclear deal Fitch ratings does not expect the investment inflow into India to be impacted.

Fitch's senior director James Mccormack said that Fitch was not worried about the political situation in the country and the investment flow would continue.

He said the credit rating agency would not change the investment rating for India, with its
In Augus 2006, Fitch had last raised India's rating a notch higher to 'BBB-', placing it at the bottom of the investment grade.


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India investment rating not to change: Fitch