New Delhi [India], Nov 17 (ANI): Hailing the upgrade made by US-based Moody's over India's sovereign credit rating, ICICI Bank CEO and MD Chanda Kochhar on Friday said that the decision will help in cementing the stability and sustainability of Indian economy's fiscal path. "The reforms undertaken by the Moody's will boost the policy credibility. The framework and the formalization of the monetary policy committee illustrate some of the institutional reforms," said Chanda Kochhar while addressing a media briefing. She added that India is well deserving for this upgrade by the Moody's, as the move will welcome capital flows in the country.