Indian economy FY27 forecast: Moody's gives thumbs up; insights on GDP |
New Delhi: The Indian economy would be the fastest pace among G-20 economies in 2026-27, Moody’s Ratings said. The country GDP is projected to grow at 6.4 per cent in Fy27. The global ratings India’s growth would be driven by strong domestic consumption, policy measures, and a stable banking system.
Moody’s released is report on the Indian banking system which projected that the asset quality of the domestic lenders will remain resilient, with some stress among micro, small and medium enterprises (MSMEs).
The financial services provider predicted the operating environment for banks will to........