New Delhi, July 29 -- India's economic growth momentum may face constraints from declining credit expansion and weakened private investment, according to the finance ministry's assessment released Monday.

The ministry also highlighted concerns over potential trade disruptions stemming from ongoing uncertainty regarding United States tariff policies.

Credit growth among scheduled commercial banks registered 10.4 percent annually as of June 27, marking a significant decline from the 13.9 percent recorded in the corresponding period last year.

This deceleration occurs despite monetary easing measures and robust bank balance sheets, indicating cautious sentiment among both borrowers and lenders.

The ministry's monthly economic review attr...