Fitch upgrades Reliance rating a notch above India's sovereign rating

​​ In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook. At the same time, it has affirmed RIL's long-term local-currency IDR at 'BBB+' with a stable outlook.

from Energy-Industry-Economic Times https://ift.tt/35RztgN