India’s credit growth surges to ₹44.6L crore in FY26
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India's formal loan systems have witnessed a massive surge in the fiscal year 2025-26 (FY26), with credit expansion hitting ₹44.6 lakh crore.
This is a major recovery from an 8% contraction seen in the previous fiscal year.
The Reserve Bank of India (RBI)'s policy rate cuts and liquidity infusion are credited for this revival in borrowing demand across the country.
This is a major recovery from an 8% contraction seen in the previous fiscal year.
The Reserve Bank of India (RBI)'s policy rate cuts and liquidity infusion are credited for this revival in borrowing demand across the country.
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