India's domestic economic conditions will continue to be supportive for growth: Moody’s Rating

Moody's Ratings anticipates India's robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to remain between 2-3% over the next year. Factors such as increased government spending and supportive monetary policy will cushion the banking system amid global uncertainties.

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