India's Growth May Slow Further, ANZ's Mathur Says

The video discusses India's economic growth, highlighting that a 7% GDP growth is insufficient due to low profitability and investment rates. The banking sector faces challenges with non-performing assets, and the fiscal position is tight. Despite these issues, cheaper oil could benefit the economy. The video also explores the potential for future growth if banking issues are resolved, suggesting an 8.5% growth rate is feasible, though 10% is unlikely without addressing the savings rate drop.

What are the current issues facing the banking sector in India?

What factors could influence India's potential growth rate in the future?