New Delhi, April 1 -- Crisil Ratings on Wednesday projected bank credit growth to moderate to around 13 per cent in FY27 from an estimated 14 per cent in FY26, amid ongoing tensions in West Asia.
The rating agency indicated that asset quality has likely bottomed out, with gross non-performing assets (NPAs) expected to rise modestly by up to 0.20 percentage points to around 2.5 per cent by March 2027.
According to Crisils Chief Rating Officer, Krishnan Sitaraman, loans to micro, small and medium enterprises (MSMEs) remain a key area of concern, particularly those linked to West Asia through trade or supply chains. Segments such as micro-loans against property and certain unsecured loans are also being closely monitored, reported PTI.
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