BankingPre-market
Lenders boost credit growth guidance for FY26
pre-market1 source ↓written by the desknot a recommendation
- its forecast
- 11% to 12-14%
- cuts
- 100 bps repo rate reduction
Banks are revising their credit growth guidance for FY26, with State Bank of India (SBI) increasing its forecast from 11% to 12-14%. This adjustment follows GST rate cuts and a 100 bps repo rate reduction. The SBI Chairman noted robust growth across sectors, particularly in retail, agriculture, and MSME segments, driven by favorable RBI reforms and fiscal measures.
Not investment advice. For informational purposes only.