Tag
Credit Growth
5 articles
Robust credit growth is signaling continued strength in the Indian economy. Overall bank credit expanded by a significant 19.1% year-over-year in July 2026, accelerating from 9.9% a year prior, fueled by robust growth in agriculture, industry, and services sectors. This expansion aligns with India’s Q1 FY27 GDP growth of 7.8%, exceeding expectations and supported by strong investment and export performance. While food price pressures are contributing to headline inflation, the Reserve Bank of India’s bulletin highlights the economy’s resilience amid global headwinds, suggesting that credit momentum could persist, albeit with ongoing monitoring of inflationary risks.
CSB Bank Q2 Deposits Up 18%, Gold Advances Surge 36%
CSB Bank reports provisional Q2 FY2027 business updates showing 18% YoY deposit growth to ₹46,889 crore.
Gold-backed advances surged 36% YoY to ₹22,301 crore, while gross advances grew 22% to ₹42,373
UCO Bank Q2 Business Growth Advances 24.7%
UCO Bank reports provisional Q2 FY2027 business growth with total advances up 24.68% YoY to ₹2.88 lakh crore.
Total deposits increased 14.05% YoY to ₹3.49 lakh crore while CD ratio improved to 82.37%
HUDCO H1 FY2027 Loan Sanctions Hit ₹1.05 Lakh Crore
HUDCO reports provisional H1 FY2027 loan sanctions of ₹1,04,592 crore, subject to audit.
Loan disbursements for H1 FY2027 reached ₹35,371 crore, a 37% increase from the same period last year.
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RBI August 2026 Credit Growth 18.8% YoY
Non-food bank credit rose 18.8% YoY in August 2026, up from 10.2% a year earlier.
Agriculture credit grew 17.2% YoY, while industry credit expanded 18.2% YoY, both outpacing last year’s 7.6% and 7.0%
NBFC Credit Grows 14.9% YoY in July
NBFCs' total credit expanded 14.9% YoY in July 2026, up from 10.6% growth a year earlier.
Agriculture and allied credit surged 18.0% YoY, markedly higher than the 5.4% increase recorded in July 2025.