Moody’s Ratings has affirmed India’s long-term issuer ratings at Baa3 with a stable outlook, citing strong growth, a sound external position, and stable financing.
GDP growth is expected at 6.5 per cent in FY25 and FY26, keeping India the fastest-growing G20 economy.
However, high debt and weak affordability remain key risks, with fiscal slippage or slower growth posing downgrade threats.