India Data Hub · Macro Data
India's bank credit accelerates to 16.01% in April from 15.03%
Bank credit growth quickens, signalling increased lending activity
The read
India's bank credit grew 16.01% year on year in April, accelerating from 15.03% in the prior period. The increase signals stronger credit demand across the economy. The rise points to continued lending momentum.
Key numbers
- Actual: 16.01
- Previous: 15.03