Mumbai, Oct 27 (UNI) Rating agency ICRA expects bank credit growth to remain healthy at 15.1-15.9 pe

Mumbai, Oct 27 (UNI) Rating agency ICRA expects bank credit growth to remain healthy at 15.1-15.9 per cent in FY2026-27, with incremental credit flow projected at Rs 32.3-33.8 lakh crore, despite the onset of the interest rate tightening cycle. Credit growth is projected to moderate from 15.9 per cent in FY2026 and 21.4 per cent as of September 30, 2026, reflecting a high base and changes in reporting dates. Retail, micro, small and medium enterprises (MSMEs), and a recovery in corporate credit are expected to support lending momentum. Retail-focused non-banking financial companies (NBFCs) are projected to record assets under management…