<p>In its global bank outlook report, S&P also said that good economic growth prospects will continue to support banks' asset quality, while healthy corporate balance sheets, tighter underwriting standards and improved risk management practices will further stabilise asset quality.</p><p>It said structural improvements and good economic prospects will support the resilience of India's financial institutions. It said higher demand coupled with stronger bank capitalisation will boost bank loan growth but deposit growth will lag.</p>

India to grow at 6.5-7% in next 3 years: S&P

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.