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Bank credit growth to moderate to 10-11%: ICRA
Mint Mumbai
|September 11, 2025
Rating agency ICRA Ltd expects bank credit growth to moderate to 10.4-11.3% in 2025-26, from 10.9% in 2024-25 and 16.3% in 2023-24, even as incremental credit flow rises to ₹19-20.5 trillion from ₹18 trillion in the previous fiscal year.
ICRA said on Wednesday that non-banking financial companies (NBFCs), excluding infrastructure lenders, are projected to expand their loan books by 15-17% in the current fiscal year, compared with 17% last fiscal year and 24% in the year prior.
This story is from the September 11, 2025 edition of Mint Mumbai.
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