Bank credit to moderate, slippage rate to rise amid expected slowdown in real GDP growth in FY27: ICRA

Bank credit to moderate, slippage rate to rise amid expected slowdown in real GDP growth in FY27: ICRA

Summary

ICRA predicts bank credit growth will decline to under 12% in FY27 amid slowing GDP and rising slippage rates.

Description

ICRA predicts bank credit growth will decline to under 12% in FY27 amid slowing GDP and rising slippage rates.

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