New Delhi, Aug. 7 -- India's bank credit growth is expected to remain robust at around 14 per cent in FY27, according to a report by HSBC Global Investment Research.

The report noted that several banks reported strong loan growth in the first quarter, with management indicating stable asset quality across segments, ANI reported.

"The recently announced Emergency Credit Line Guarantee Scheme (ECLGS) should also provide incremental support," it added.

Corporate Lending Drives Growth

Corporate credit has emerged as a key driver, growing 20.4 per cent year-on-year in June, up from 18.9 per cent in May. The increase was attributed to a shift in corporate borrowing from bond markets to banks, higher working capital requirements, and increas...