New Delhi, Sept. 17 -- Loan growth in India is expected to improve in the coming years, supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.

The report highlighted that stronger growth is expected in unsecured retail loans, which currently account for about 10 per cent of the system credit.

It stated, "Loan growth to improve led by stabilising asset quality and push from government/RBI".

The improvement in asset quality is seen as a key driver for this trend. Credit expansion also looks favourable amid the RBI's policy easing, enhanced liquidity in the system, and tax relief measures.

India's retail lending ecosystem is showing signs of recover...