Regulatory easing to support 10.8 pc credit growth in FY26: Icra

Icra forecasts India's incremental credit to rise by 10.8% to Rs 19-20.5 lakh crore in FY26, supported by regulatory easing and RBI liquidity infusions. Despite this pro-growth stance, challenges in deposit mobilization, high credit-deposit ratios, and stress in unsecured loans may temper the pace of credit expansion.