Indian banks will benefit from strong domestic economic growth, says Moody's
Updated: 19 May 2022, 09:09 AM IST
- The buoyant economy creates favourable operating conditions for the country’s banks. Their loan performance and profitability are improving, albeit from a low base. Capital and liquidity levels are stable.
The global economic fallout from the Russia-Ukraine military conflict will push up inflation and interest rates in India and create supply constraints, said the rating agency.