Mumbai, April 7 -- Bank credit in India is expected to grow around 13 per cent in the current fiscal, slightly slower than the estimated 14 per cent growth in FY26, according to a report by CRISIL Ratings.

The report said the growth will be supported mainly by strong demand from the retail and micro, small and medium enterprise (MSME) segments, along with corporates continuing to prefer bank loans over bond issuances.

"Bank credit is poised to grow ~13% this fiscal, driven by healthy growth in the micro, small and medium enterprise (MSME) and retail sectors, as well as the continued preference of corporates for bank credit rather than issuance of bonds amid the prevailing interest rate differential," the report said.

However, the pace ...