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58· Steady
Economics3h 7m ago
The RBI Governor stated that bank lending is expanding at a healthy pace, with overall credit growing by approximately 18% year-on-year in June.
India
Who
RBI Governor
What
The RBI Governor stated that bank lending is expanding at a healthy pace, with overall credit growing by approximately 18% year-on-year in June.
When
Fri, 17 Jul 2026 07:58:14 GMT · 3h 7m ago
Where
India ·
Why
The RBI Governor's statement supports the resilience of the banking sector, citing broad-based growth across key economic segments.
The Frontline Impact
How this affects you
The broad-based credit growth of around 18% indicates a healthy expansion of economic activity in India, suggesting stability within the banking sector.
Story chain
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