Credit growth hits 17.7% on higher crude prices

12 Jun 2026via The Economic TimesSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Credit growth hits 17.7% on higher crude prices. Rising crude prices have driven bank lending, pushing overall credit growth to 17.7%, the fastest pace since June 2024. Increased corporate borrowing and trade finance demand are key contributors. This reflects stronger economic activity despite inflationary pressures.

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

#Banking#CreditGrowth#CrudePrices

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