India will not sustain 9% growth: Moody's

Several signs of overheating like consumer credit

International rating agency Moody's Investors Service said on Tuesday that India may not sustain a 9% growth rate due to capacity constraints, and there are a lot of signs of overheating in the economy.

Moody's Vice-President Kristin Lindow cited several reasons for overheating such as consumer credit, added inflation will stay above the RBI's comfort zone due to the tendency to accommodate current growth momentum in the economy.