India’s Sovereign Rating Upgraded to A- From BBB+ by JCRA

Brief By timesnownews / 2:33 PM on 02 Sep 2026

Japan Credit Rating Agency has upgraded India’s sovereign rating to A- from BBB+, citing strong economic growth, robust private consumption and public investment. JCRA highlighted improving financial-system soundness, declining non-performing loans, stronger supervision and policy reforms, including digital infrastructure and GST, as key factors supporting India’s economic fundamentals and overall financial stability.