
Loan growth in India likely to pick up amid push from govt/RBI and stabilising asset quality: Nomura
Published on: Sept. 17, 2025, 11:30 a.m. | Source: The Economic Times
Nomura projects Indias loan growth to rise to 12% YoY by FY26, driven by stabilising asset quality, RBI policy easing, liquidity support, and tax relief. Stronger growth is expected in unsecured retail loans, about 10% of system credit. While asset quality in personal, credit card, and small business loans has improved, stress persists in NBFC, SFB, and microfinance segments.