Economy Incremental credit growth sank 64% in FY20; FY21 could see recovery: ICRA Updated : May 05, 2020 03:36 PM IST The incremental credit growth in the year ending March 2020 declined by 64 percent from Rs 16.79 lakh crore in the previous year to Rs 6.04 lakh crore, a report by ICRA showed. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.