India's GDP to Grow 6.4% in FY27, Fastest Among G-20 Nations: Moody's

India's GDP to grow 6.4% in FY27, fastest among G-20 nations: Moody's

The global rating agency said steady economic growth will create a solid base for financial stability and support credit demand across sectors.

Indian economy projected to be the fastest growing among G20 countries

Global rating agency Moody’s on Monday released new projections for the Indian economy. According to Moody’s, India’s GDP could grow at a rate of 6.4% in the next fiscal year (2026-27). Moody’s said this pace would be the fastest among the G20 group of major economies. The agency attributed this to strong domestic consumption, government policy decisions, and the country’s stable banking system. Estimate lower than government and RBI estimates M…

Moody's projects India's GDP to grow 6.4 pc in FY'27, fastest among G20 economies

New Delhi, Feb 9 (PTI) Moody's Ratings on Monday projected India's GDP to grow at 6.4 per cent in the next fiscal, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system. In its banking system outlook report, Moody's said their asset quality will remain resilient, with some stress among micro, small and medium enterprises (MSMEs). Regardless, banks have sufficient reserves to ab…