Business · Economy · 7 hrs ago
Indian banks expect double-digit credit growth despite economic pressures
Indian banks expect credit to grow at a double-digit pace despite funding pressures and wider economic challenges.
The outlook comes from a survey by the Federation of Indian Chambers of Commerce and Industry and the Indian Banks' Association.
Banks said demand remains resilient across households, small businesses, industry and services.
Retail and small-business loans are the clearest growth drivers, with more than four-fifths of respondents expecting both to grow strongly year on year.
Almost all respondents expect double-digit growth in loans to small and medium-sized businesses.
Improved asset quality and stronger capital buffers support the sector, while the survey also noted early signs of a wider recovery in private investment.
Indian banks expect credit growth to remain in double digits despite funding pressures and wider economic challenges.
The latest FICCI-IBA Bankers' Survey points to resilient demand across retail, small and medium enterprises, industry and services.
More than four-fifths of survey respondents expect retail loans and SME credit to grow at a robust double-digit pace year on year.
The survey says banks are supported by improved asset quality, stronger capital buffers and signs of a broader revival in private-sector investment.
- Who
- Indian banks and respondents to the FICCI-IBA Bankers' Survey.
- What
- They expect credit growth to remain in double digits despite economic and funding pressures.
- When
- The survey was reported on October 28, 2026.
- Where
- India.
- Why
- Resilient demand across retail, SME, industrial and services segments, alongside improved asset quality and stronger capital buffers.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Survey
- FICCI-IBA Bankers' Survey
- Survey conductors
- Federation of Indian Chambers of Commerce and Industry and Indian Banks' Association
- Growth expectation
- More than four-fifths expect robust double-digit growth in retail loans and SME credit
- Reported
- October 28, 2026
1 source
What people are saying
Banking sector maintains a strongly constructive outlook on credit growth, underpinned by resilient demand across retail, SME (small and medium enterprises), industrial and services segments