GDP growth is likely to return to higher levels than 'BBB' category peers, provided it avoids further deterioration in financial sector health as a result of the pandemic," it said forecasting a 9.5 per cent real GDP growth next year.India on March 25 instituted the world's largest lockdown to combat the novel coronavirus, halting almost all economic activities.The lockdown has been repeatedly extended, although some restrictions have been eased from May 4 in zones with fewer infections."However, new cases have continued to rise," it said.To support the economy, the Reserve Bank of India (RBI) has eased monetary policy by cutting policy rates and providing liquidity through long-term repo operations.