New Delhi: S&P Global Ratings has projected the Indian economy to grow between 6.5-7 per cent annually in the three fiscal years till March 2027 as infrastructure spending and private consumption drive growth momentum. 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.It said structural improvements and good economic prospects will support the resilience of India's financial institutions.

"India . . .