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.

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.