New Delhi, Feb. 9 -- Moody's Ratings on Monday projected India's real GDP to grow at 6.4 per cent in fiscal year 2026-27, the fastest among G-20 economies, supported by strong domestic consumption, policy measures, and a stable banking system.
Moody's said Indian banks' asset quality will remain resilient, although some stress may persist among micro, small, and medium enterprises (MSMEs).
In its banking system outlook report, it added that banks have sufficient reserves to absorb potential loan losses.
The ratings agency said the operating environment for banks will remain strong in 2026, backed by robust macroeconomic conditions and ongoing structural reforms.
"We forecast India's real GDP will grow 6.4 per cent for fiscal 2026-27, th...