# Icra sees bank credit growth slowing to 15-16% in FY27 as rates rise

- Source: Economic Times
- Published: 2026-10-28T00:34:54+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/credit-growth-to-moderate-in-h2-fy27-icra/articleshow/135248523.cms
- Canonical: https://groundlevelnews.com/story/icra-sees-bank-credit-growth-slowing-to-15-16-in-fy27-as-rates-rise-333596/

Credit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are estimated to increase to ₹1 lakh crore in FY27. Private banks may experience fresh slippages amounting to ₹1.3 lakh crore. While banks' asset quality may deteriorate slightly, net interest margins should improve. The overall banking sector faces challenges amid the

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._