India's banking sector resilient; 11-13% credit growth for January-June likely: Survey

Indian banks project 11-13% credit growth for January-June 2026, driven by retail and SME segments, which may expose vulnerabilities in digital lending platforms and risk management systems. The rapid expansion could widen attack surfaces for cybercriminals targeting Indian financial institutions. Immediate assessment of cybersecurity posture in banking infrastructure is advised.

Indian banks anticipate robust non-food credit growth of 11-13% from January-June 2026, driven by improving balance sheets and steady economic activity. Retail and SME segments are expected to lead this expansion, while industrial credit will see a more measu…