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Funding conditions will constrain loan growth for many banks in India. Credit demand is strong, but banks lack deposits. S&P Global Ratings expects credit growth to moderate to 14% in fiscal 2025. Margins will fall due to deposit competition, squeezing bank margins to 2.9%.
Get latest articles and stories on Latest News at LatestLY. Credit growth in India is expected to moderate to 14 per cent in FY25 from the existing 16 per cent as deposit growth is unable to keep pace with loans, a global rating agency said in a report. Latest News | Credit Growth in India to Moderate to 14% in FY25: S&P Global.