India Growth & Banking Strength

India is set to remain the fastest-growing G-20 economy, with Moody’s projecting 6.4% GDP growth in FY27, powered by strong domestic consumption, supportive policy measures, and a stable banking system. Adding to the momentum, public sector banks are expected to post combined profits exceeding ₹2 lakh crore in FY26, reflecting improved asset quality, balance-sheet strength, and sustained credit growth—underscoring the structural resilience of India’s financial system.