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    <title>STELLAR PERFORMACE OF INDIA’s BANKING AND FINANCIAL SECTOR AMIDST GLOBAL HEADWINDS</title>
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    <description>The Survey details a steady monetary policy with the repo rate unchanged and active liquidity operations, robust credit growth across banks and NBFCs led by personal, services and agricultural lending, and materially improved bank asset quality with GNPAs at a multi year low; it highlights expanded primary and secondary capital markets, surging retail participation and mutual fund AUM, and stresses digital financial inclusion and regulatory coordination (including insolvency reforms and strengthened institutional capacity) as pillars of financial stability and market development.</description>
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