Question
How much percent growth has Global Rating Agency Moody's
projected in India's GDP for FY 2025?Solution
"We expect India's economy to expand 6.6% in the year ended March 2025 (FY25) and 6.2 per cent the following year, and this will lead to robust loan growth at NBFCs, mitigating the impact of rising funding costs on their profitability," Moody's Ratings said.
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