Corporate credit cycle improving significantly SECTIONS Share Synopsis Last year GDP growth was negative. This year even if there is a correction from the initial double digit estimates for real GDP, norminal growth will be 13% to 14% which will have some implications on credit growth. We are looking at a loan growth of 7% to 10% compared to 5% last year. he said. Agencies Bank of Baroda CEO Sanjiv Chadha. Bank of Baroda CEO Sanjiv Chadha expects fiscal 2022 to be better than the previous year due to a pick up in loan growth in line with the economic revival, lower credit costs and strong capital position. Edited excerpts: