New Delhi, April 8 -- Rating agency ICRA expects India's credit growth to expand at 10.8 per cent in the current financial year 2025-26.

The repo rate cut, deferment of proposed changes in the liquidity coverage ratio (LCR) framework and additional provisions on infra projects, along with the roll-back of increased risk weights on lending to unsecured consumer credit and non-banking financial companies (NBFCs) are some of the enabling, according to ICRA.

Besides, the durable liquidity infusion by the Reserve Bank of India (RBI) through open market operations (OMO) by way of purchases of government bonds and forex swaps with banks, would aid the liquidity and faster transmission of the ongoing cut in policy rates.

However, the persistin...