New Delhi, April 9 -- Bank credit growth in India is projected to moderate to around 13 per cent in the current fiscal, slightly lower than the estimated 14 per cent growth in FY26, according to a report by Crisil Ratings.
The report said the expansion will be supported by steady demand from micro, small and medium enterprises (MSMEs) and the retail segment, along with corporates increasingly preferring bank loans over bond issuances due to favourable interest rate dynamics.
Corporate Borrowing Supported by Rate Advantage
Crisil Ratings Director Subha Sri Narayanan noted, Credit growth in the corporate sector (36 per cent of domestic bank credit) is seen growing 9-10 per cent, in line with 10 per cent in fiscal 2026.
After a subdue...