Corporate loan growth outpaces retail advances at top private banks
Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail credit expansion, reaching 26% on average. Higher bond yields pushed companies back to mainstream lenders for working capital needs. This revival lifted overall bank credit growth to its fastest pace in over two years. Sectors like commercial real estate and infrastructure saw increased demand for loans.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)