Development · 1 Oct 2026
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Bank credit to industry grew 18.2% in August, sharply higher than the 7% growth recorded in the same period last year, according to data released by the Reserve Bank of India.
Bank credit to industry grew 18.2 percent in August, up from 7 percent in the same period last year.
Bank credit to industry grew 18.2 percent year on year to Rs 47.95 lakh crore as of August 31, 2026, with lending growth to medium, micro and small enterprises outpacing credit to large industries.
Overall bank credit grew 19.1 percent in August 2026, with credit to industry growing 18.2 percent year-on-year.
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