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The Economic Times

Economy / The Economic Times

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Bank credit grows 17.4% in May as rising yields push companies to loans

Bank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by companies seeking loans as bond market yields increase. Deposits are growing slower than credit. This trend indicates a shift in corporate funding strategies. Consumer demand remains steady.

12 Jun 2026 1:03 am