HSBC Raises India's FY27 Loan Growth Forecast to 18% as October Credit Growth Hits 21%, MSME Lending Rises 25%

HSBC Raises India's FY27 Loan Growth Forecast to 18% as October Credit Growth Hits 21%, MSME Lending Rises 25% New Delhi, Nov 11 (KNN) India's credit growth accelerated to 21 per cent year-on-year (YoY) in October, prompting HSBC to raise its loan growth forecast for FY27 to around 18 per cent from 14 per cent earlier, as borrowing strengthened across corporate and micro, small and medium enterprise (MSME) segments. Corporate lending grew by around 24 per cent, while credit to MSMEs incre

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