Latest RBI data showed India’s bank credit growth at 13.4% year-on-year for September.
This sustained double-digit growth reflects rising demand for loans across sectors.
Retail credit continues to lead the momentum, driven by housing and auto loans.
Retail credit continues to lead the momentum, driven by housing and auto loans.
The trend signals resilience in India’s domestic consumption-led economy.
Banking stocks are expected to benefit from this healthy credit cycle.
Non-performing assets remain under control, easing concerns of credit
risks.
Analysts believe festive season spending will further support loan demand.
Private banks in particular are expected to post strong Q2 earnings.
The overall credit environment suggests India’s growth story remains intact.