business credit growth set to fall provisions costs to rise says icra

Credit Growth Set To Fall, Provisions Costs To Rise, Says Icra

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ICRA has lowered its credit growth estimate for Indian banks to 10.5%-11% for the fiscal year ending March 2025, citing reduced exposure to unsecured retail and NBFC sectors. Persistently high CD ratios and changes in liquidity coverage are expected to further reduce growth in FY2026.