India’s banking sector stays strong as Moody’s sees NPLs steady at 2–3% despite global headwinds
Despite global economic uncertainties driven by trade tensions, Moody’s noted that India’s domestic economic momentum will continue to support growth, helping banks preserve asset quality. “We expect the system-wide non-performing loan (NPL) ratio to remain at 2%–3% in the next 12 months, compared to 2.5% at the end of December 2024,” the ratings agency said
