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Economy News

The Economic Times

Economy / The Economic Times

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Bank credit growth at two-year high at 18.6% as debt market turns costlier

Bank credit expanded significantly in the fortnight ending June 30. Deposit growth also showed a healthy increase during the same period. This credit demand stems from both consumer and corporate sectors. Corporate entities are increasingly favoring banks over debt markets for funding. The gap between credit and deposit growth widened to 570 basis points.

10 Jul 2026 9:21 pm