India's credit-to-GDP ratio poised to rise as lending access widens

India's credit-to-GDP ratio is expected to climb as financial institutions expand lending accessibility across the economy, according to economists speaking at the Business Standard BFSI Insight Summit 2026. Panelists emphasized that widening credit availability could unlock significant growth potential while supporting productive economic activity.

The economists outlined a multi-pronged approach to strengthen India's financial ecosystem. Beyond expanded credit access, they highlighted the importance of directing lending toward productive sectors and investments that generate tangible economic returns rather than speculative ventures.

Strengthening domestic capital markets emerged as another critical priority for sustaining India's growth trajectory. Economists noted that well-developed securities markets would provide alternative financing channels, reduce over-reliance on traditional banking systems, and create opportunities for both institutional and retail investors.

Continued investment across infrastructure and productive sectors remains essential to translate broader credit availability into sustainable economic gains, the economists concluded. The combination of expanded lending, improved credit allocation, and robust capital market infrastructure could position India for accelerated growth in coming years.