S&P maintains stable outlook for India, cautions of downgrade if growth slips

“The stable outlook reflects our expectation that India's economy will recover following the resolution of the Covid-19 pandemic, and that the country’s strong external settings will act as a buffer against financial strains despite elevated government funding needs over the next 24 months,” said S&P.

from Economy-News-Economic Times https://ift.tt/3qAv37v