Fitch Predicts Decline In Indian Banks’ NPAs Despite Rising Stress In Unsecured Loans
Indian banks' NPAs are set to drop to 2.4% by March 2025, with a further decline expected next year, says Fitch Ratings.
Fitch Upgrades India’s GDP Growth Forecast To 7.2% For FY25
Global rating agency Fitch Ratings has raised India's GDP growth forecast for FY 2024-25 to 7.2%, up from its previous projection of 7%.
Indian Banks’ Operating Environment Gains Strength As Covid Risks Decrease: Fitch
Fitch Ratings announced that the operating environment for Indian banks has gained strength, with the waning of economic risks linked to the Covid-19 pandemic.
