Fitch Upgrades Indian Banks' Ratings Due to Improved Risk Management

Imagine big Indian banks are like students getting better grades.

The company that grades them, Fitch Ratings, gave many of them better scores, called Viability Ratings.

This means the banks are now better at managing money and not taking big risks.

They're also doing a better job of making sure their loans are paid back.

Some banks got even better grades, like ICICI Bank.

However, some banks are still working on improving because they're growing quickly.

Fitch said that the government's ability to help the banks if they have problems hasn't changed.