Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 5th May, 2026: Scheduled Commercial Banks (SCBs) in India recorded a strong credit growth of 15.9% in FY2025–26, reflecting robust economic activity and rising demand for loans, the Ministry of Finance said on Tuesday.
Aggregate credit outstanding reached ₹212.9 lakh crore as of March 2026, marking an increase of ₹29.2 lakh crore over the previous year.
“Amid a low-interest rate environment and a government-led capex cycle supported by timely structural reforms, private investments are picking up and boosting domestic credit demand. This is reinforcing confidence among both corporate and individual borrowers,” the ministry said.