https://www.taxtmi.com/news?id=37078 Moody's projects India's real GDP growth to exceed 6.5 percent next fiscal, driven by higher government capital expenditure, tax cuts boosting consumption, and modest monetary easing. It forecasts lower average inflation and expects modest further policy rate reductions amid global uncertainties. The banking-sector outlook is stable but anticipates a moderate deterioration in asset quality-notably in unsecured retail, microfinance, and small-business loans-while profitability should remain adequate due to marginal net interest margin declines and moderated loan growth aligned with deposit expansion. en-us Wed, 12 Mar 2025 13:31:03 +0530 Wed, 12 Mar 2025 13:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37078 Moody's projects India's real GDP growth to exceed 6.5 percent next fiscal, driven by higher government capital expenditure, tax cuts boosting consumption, and modest monetary easing. It forecasts lower average inflation and expects modest further policy rate reductions amid global uncertainties. The banking-sector outlook is stable but anticipates a moderate deterioration in asset quality-notably in unsecured retail, microfinance, and small-business loans-while profitability should remain adequate due to marginal net interest margin declines and moderated loan growth aligned with deposit expansion. News - Wed, 12 Mar 2025 13:31:03 +0530 https://www.taxtmi.com/news?id=37078