BBB- and Holding: Indian Oil Passes Fitch’s Stress Test

Unknown Apr 02, 2026 900 Views

Fitch Ratings has reaffirmed Indian Oil Corporation’s (IOC) long-term foreign-currency issuer default rating at ‘BBB-’ with a stable outlook, aligning it with India’s sovereign rating. The agency also maintained IOC’s senior unsecured rating at the same level, citing...