Crisil predicts bank credit growth to dip to 14% in FY25
Crisil notes that slower deposit accumulation could constrain credit growth, despite the narrowing gap between deposit and credit growth over the past year
bank credit growth
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Retail, NBFCs drive credit offtake in FY23
India's gross bank credit off-take rose 15% in FY23 to ₹136.8 lakh crore. The growth was led by sectors such as NBFCs, personal loan and services segments.
Economic Survey 2022-23: Credit growth likely to be brisk in FY24
Credit to MSMEs has seen a significant increase in part assisted by the introduction of the Emergency Credit Line Guarantee Scheme (ECLGS), says Economic Survey.
India’s bank credit to grow 13% in FY23: Fitch
Bank lending will be driven by the economic recovery and high nominal GDP growth, which are expected to boost demand for retail and working-capital loans
Bank credit to grow 15% in FY23: Crisil
Retail credit is expected to grow the fastest at 17-19%.
India Ratings raises bank credit growth estimate for FY23 to 13%
Private banks are likely to continue to gain market share, though the pace of gains is likely to moderate as PSBs expand the loan portfolio faster.
