Moody’s crowns India among most resilient emerging markets and reveals the real drivers

Its biggest buffer is not debt but policy discipline

Moody’s says India is positioned as one of the more resilient emerging markets to handle global shocks, pointing to stable monetary policy, inflation expectations that stay anchored, and exchange rates that can adjust. It also flags contained currency depreciation and limited credit spread widening versus more vulnerable peers, while noting higher debt remains a constraint despite ongoing reforms and buffers.