ONGC’s BBB- Rating Reaffirmed: Fitch Flags Strengths, Risks, and Green Ambitions

Unknown Apr 02, 2026 800 Views

Fitch Ratings has reaffirmed Oil and Natural Gas Corporation Ltd (ONGC) at BBB with a stable outlook, citing its strategic importance to India’s energy security and strong standalone credit profile. The rating is capped by India’s sovereign rating, given the government’s 59% own...