India’s financial system: The good, dangerous and ugly in six charts | EUROtoday

Now, 10 years on, India’s development is outpacing different main economies, its banks are sturdy, and the federal government’s funds are secure regardless of a painful pandemic. India surpassed the UK because the fifth largest financial system final yr and in accordance with analysts at Morgan Stanley, it is on observe to overhaul Japan and Germany and hit the third spot by 2027.