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6.7

Goldman Sachs projects 17.5% PPoP growth for Indian banking sector through FY29

Goldman Sachs forecasts a cyclical recovery for Indian banks, projecting core pre-provision operating profit growth to accelerate to 17.5% annually from FY26 to FY29. The outlook is predicated on a 14% expansion in loan growth and a 10-basis-point recovery in net interest margins following a projected FY27 trough.

bne IntelliNews - Emerging Markets Newsabout 6 hours agoINengCredibility 59%View source

Score Breakdown

Mosaic Score6.7
Confidence0.5
Significance0.5
Source credibility0.6

Intelligence Tags

#banking#india#earnings#goldman sachs#finance

Locations

India

Entities

country
Source

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