Indias credit rating stable,says Moodys

Ahead of a key meeting with the finance ministry,global rating agency Moodys on Friday assured that Indias sovereign outlook is stable and the countrys credit rating is unlikely to change in the next 12 to 18 months.

We feel the outlook on India is stable. We do not see ratings movement up or down in the next 12-18 months, said Atsi Sheth,vice president and lead analyst India at Moodys Sovereign Ratings,speaking on the sidelines of the 46th Annual General Meeting of the ADB held here.