GDP Growth to Cross 6.5% in FY26, Says Moody's

MOODY'S RATINGS ON Wednesday said India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.

- PRESS TRUST OF INDIA

Projecting a stable outlook for the banking sector, Moody's said although the operating environment of Indian banks will remain favourable in the next fiscal, their asset quality will deteriorate moderately after substantial improvements in recent years, with some stress in unsecured retail loans, microfinance loans and smal