Moody’s Report: India GDP Growth 6.4% in FY27 Banking Sector Strong & Resilient Outlook |Paisa Live

There is a positive update regarding India’s economy. According to the latest report of Moody’s Ratings, India’s real GDP growth is estimated to be 6.4% in FY27, due to which India can remain the fastest-growing economy of the G-20. The outlook of the banking sector is also strong, where asset quality will remain good, NPAs will remain low and capital position will remain comfortable. Corporate, MSME and personal loans look stable, while government support is giving resilience to banks. Liquidity is balanced and profitability is also expected to remain steady. Overall, economy and banking sector together are giving new impetus to India’s growth story.