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The Economic Times

Economy / The Economic Times

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Credit growth may ease after rate hike but remain strong: RBI

The Reserve Bank of India projects a moderation in bank credit growth from the current 19% level. This expected slowdown results from a recent repo rate increase implemented to manage rising inflation. Despite the decrease, it is anticipated that growth will remain strong enough to support overall economic activity. Lending to sectors like services and industry shows significant year-on-year growth, reflecting resilient demand.

7 Oct 2026 5:04 pm