India's GDP growth at 6.4% supports banking sector resilience
after close1 source ↓written by the desknot a recommendation
- in FY 2026-27
- 6.4% GDP growth
India is projected to achieve 6.4% GDP growth in FY 2026-27, maintaining its position as the fastest-growing G-20 economy, according to Moody’s Ratings. The banking sector is expected to remain stable over the next 12-18 months, supported by strong asset quality and low NPL ratios of 2% to 2.5%. This positive outlook is bolstered by government support and healthy profitability across banks.
Not investment advice. For informational purposes only.