Bank credit expected to grow by 100-200 bps YoY to 12-13% this FY, says Crisil

Bank credit is projected to increase by 100-200 bps this fiscal due to regulatory support, tax reductions, and lower interest rates. However, deposit growth is still a worry. The RBI’s actions to ease risk weights for NBFC loans and delay LCR norms are likely to enhance credit flow. Corporate credit could grow by 9-10%, while […]