India's bank credit growth to stay robust at 14 pc in FY27, H2 moderation likely: HSBC
New Delhi, Aug. 6 -- India's bank credit growth is expected to remain robust at around 14 per cent in FY27, however, growth may moderate in the second half of the fiscal due to an adverse base effect and a potential slowdown in corporate loan demand, according to a report by HSBC Global Investment Research.
The report noted that several banks reporting first-quarter FY27 results posted strong loan growth, with management indicating no signs of asset quality stress across segments and expecting credit growth to remain robust.
"The recently announced Emergency Credit Line Guarantee Scheme (ECLGS) should also provide incremental support," it further noted.
Corporate credit growth surged to 20.4 per cent year-on-year in June from 18.9 per ...
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