India's domestic economic conditions will continue to be supportive for growth: Moody’s Rating
Moody's Ratings anticipates India's robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to remain between 2-3% over the next year. Factors such as increased government spending and supportive monetary policy will cushion the banking system amid global uncertainties.
Moody's Ratings anticipates India's robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to remain between 2-3% over the next year. Factors such as increased government spending and supportive monetary policy will cushion the banking system amid global uncertainties. What's Your Reaction?
