GDP growth at 6.4%! India to continue as fastest G-20 economy; banks to remain resilient

India is poised to lead G-20 economic growth, with real GDP projected to expand by 6.4% in fiscal 2026-27. Moody’s anticipates a stable banking sector, supported by improving asset quality, strong capital, healthy profits, and ample liquidity. Despite challenges in deposit mobilization, government support will bolster public sector banks.

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