💨 Abstract

S&P Global Ratings forecasts India's economy to grow between 6.5-7% annually from 2025-27, driven by infrastructure spending and private consumption. Banks' asset quality will be supported by good economic growth and healthy corporate balance sheets, with weak loans expected to decline to 3% of gross loans by 2025. However, unsecured personal loans could contribute to incremental nonperforming loans.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖