06-May-2026
Economy News
 
Credit growth signals economic strength: Finance Ministry
06-May-2026

The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for credit across sectors of the Indian economy. Non-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last year. The aggregate credit outstanding in March 2026 reached ?212.9 lakh crore, ?29.2 lakh crore higher than the previous year.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/credit-growth-signals-economic-strength-finance-ministry/articleshow/130838336.cms