India's ratings to depend on next govt economy: S&P
Apr 17 2014 , Mumbai
"If in the future they implement policies that effectively addresses some of the credit weaknesses that I have highlighted, we could revise the outlook to stable again," said S&P senior director Kim Eng Tan in a webcast.
"In the absence of effective policy action, we could lower the ratings on the sovereign," he added.
S&P rates India at "BBB-minus" and is the only of the three major credit agencies to have a "negative" outlook.