♦ S&P Global Ratings projected the Indian economy to grow between 6.5-7 percent annually in the three fiscal years till March 2027.

♦ India’s infrastructure spending and private consumption will support robust economic growth said S&P Global Ratings in its latest global bank outlook report released on 14 November 2024. 

♦ According to the report, Indian banking sector’s weak loans will decline to about 3.0 percent of gross loans by March 31, 2025, “from our estimate of 3.5 percent as of March 31, 2024”.

♦ For the current fiscal, the Reserve Bank has projected economic growth to be 7.2 percent, lower than 8.2 percent in 2023-24.