India Credit Ratings | FX Empire

India

Moody's		S&P		Fitch		DBRS		Scope Ratings
Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook
Baa3	Stable	BBB-	Stable	BBB-	Stable	BBB (low)	Stable	NR	-

Rating Agency	Date	Previous Rating	Previous Outlook	New Rating	New Outlook
Fitch	Jun 10, 2022	BBB-	Negative	BBB-	Stable
Moody's	Oct 05, 2021	Baa3	Negative	Baa3	Stable
DBRS	May 19, 2021	BBB	Negative	BBB (low)	Stable
Fitch	Jun 18, 2020	BBB-	Stable	BBB-	Negative
Moody's	Jun 01, 2020	Baa2	Negative	Baa3	Negative
DBRS	May 21, 2020	BBB	Stable	BBB	Negative
Moody's	Nov 07, 2019	Baa2	Stable	Baa2	Negative
Moody's	Nov 16, 2017	Baa3	Positive	Baa2	Stable
DBRS	Nov 05, 2015	BBB (low)	Positive	BBB	Stable
Moody's	Apr 09, 2015	Baa3	Stable	Baa3	Positive
DBRS	Nov 05, 2014		Stable	BBB (low)	Positive
S&P	Sep 26, 2014	BBB-	Negative	BBB-	Stable
DBRS	Sep 30, 2013	BBB (low)	Stable		Stable
Fitch	Jun 12, 2013	BBB-	Negative	BBB-	Stable
Fitch	Jun 18, 2012	BBB-	Stable	BBB-	Negative
S&P	Apr 25, 2012	BBB-	Stable	BBB-	Negative
DBRS	Jun 23, 2011	BBB (low)	Negative	BBB (low)	Stable
S&P	Mar 18, 2010	BBB-	Negative	BBB-	Stable
DBRS	Oct 13, 2009	BBB (low)	Stable	BBB (low)	Negative
S&P	Feb 24, 2009	BBB-	Stable	BBB-	Negative

Table Key

Grade	Moody's	S&P	Fitch	DBRS	Scope Ratings
Prime	Aaa	AAA	AAA	AAA	AAA
High Grade	Aa1	AA+	AA+	AA (high)	AA+
	Aa2	AA	AA	AA	AA
	Aa3	AA-	AA-	AA (low)	AA-
Upper Medium Grade	A1	A+	A+	A (high)	A+
	A2	A	A	A	A
	A3	A-	A-	A (low)	A-
Lower Medium Grade	Baa1	BBB+	BBB+	BBB (high)	BBB+
	Baa2	BBB	BBB	BBB	BBB
	Baa3	BBB-	BBB-	BBB (low)	BBB-
Non-investment Grade Speculative	Ba1	BB+	BB+	BB (high)	BB+
	Ba2	BB	BB	BB	BB
	Ba3	BB-	BB-	BB (low)	BB-
Highly Speculative	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risks	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative	Ca	CC	CC	CCC	CC
Extremely Speculative			C	CCC	C
In Default with Little Prospect for Recovery		CD	RD	RD
In Default		SD		SD
	C	D	D	D	D
			DD	DD
			DDD	DDD
Not Rated	NR	NR	NR	NR	NR