'Corp credit rise may be temporary'

Despite banks raising corporate credit growth forecasts, Icra notes a lack of meaningful revival, attributing a recent uptake to potential pre-rate cut borrowing or overseas funding. Icra has marginally revised its overall bank credit growth outlook upwards, citing GST cuts and liquidity support.

'Corp credit rise may be temporary'
Despite banks raising corporate credit growth forecasts, Icra notes a lack of meaningful revival, attributing a recent uptake to potential pre-rate cut borrowing or overseas funding. Icra has marginally revised its overall bank credit growth outlook upwards, citing GST cuts and liquidity support.