29-June-2025
Economy News
 
Credit growth picks up in June after falling at a 3-yr low- RBI data
28-Jun-2025

The credit growth of the banking sector picked up stood at 9.62% on year at Rs 183.14 lakh crore as on June 13, according to the fortnightly data released by the Reserve Bank of India on Friday. On a fortnightly basis, the credit growth was up 0.15%. At the end of May, credit growth of the banking sector had fallen to a three year low at 8.97% on year. Several analysts had said that the credit growth at bottomed out and that they expect the credit growth at 12-13% in 2025-26 (Apr-Mar).

News Source:- https://www.financialexpress.com/policy/economy/credit-growth-picks-up-in-june-after-falling-at-a-3-yr-low-rbi-data/3895410/?ref=hometop_hp