Rating agency ICRA has revised upwards its projection of credit expansion in India for 2025-26 from its previous estimate, noting that improved demand post the recent Goods and Services Tax (GST) rationalisation, and liquidity boosts via the cash reserve ratio (CRR) cuts would support offtak
Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.
A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits.
Credit growth in India is expected to moderate down to 12-14 per cent on a yearly basis over the financial year 2024-25-2026-27 from the current 16.5 per cent, according to Emkay Institutional Equities.
Mumbai (Maharashtra) [India], July 16 (ANI): The proposed merger of HDFC Bank and HDFC will lead to a large and more stable balance sheet and help boost credit growth in the country, HDFC Bank Chairman Atanu Chakraborty said on Saturday.