Bank credit growth hits 20% in June quarter

Bank credit growth hits 20% in June quarter, driven by strong corporate and retail lending, according to Bernstein. This marks the highest pace in over a decade, signaling robust economic activity. 20% YoY growth reflects improved loan demand across sectors. A sustained trend could boost bank profitability and asset quality.

📊 STOCKS: | 🏢 SECTOR: Banking | #MEDIUMIMPACT #CreditGrowth