India's banking sector poised for continued resilience: S&P Global
The Statesman|December 17, 2024
India's financial sector is poised for resilience, bolstered by structural improvements and robust economic growth prospects, according to the S&P Global Ratings 2025 banking outlook.
India's banking sector poised for continued resilience: S&P Global

"We anticipate asset quality will stabilize, with weak loans in the banking sector projected to decline to approximately 3.0 per cent of gross loans by March 31, 2025. This positive trend is supported by healthy corporate balance sheets and enhanced risk management practices," said Deepali Seth-Chhabria, Analyst, S&P Global Ratings.

While underwriting standards for retail loans remain strong and delinquencies manageable, the rapid growth of unsecured personal loans could introduce some risks.

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