Moody’s retains India’s rating with stable outlook; projects over 6% growth in FY25 and FY26

Moody's reaffirmed India's credit rating at Baa3 with a stable outlook, expecting over 6% growth in the next two fiscal years. It cited a balanced credit profile with high growth potential and a stable financing base against high debt and weak affordability. The agency predicted 8% growth in FY24, driven by infrastructure investment and anticipated further growth from private consumption and investment
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