Power and infra drive behind 17% credit growth to industry

Jul 7, 2026 - 05:30
Power and infra drive behind 17% credit growth to industry

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Bank lending to industry saw power sector lead growth in early FY27. Chemicals and vehicles also experienced significant increases in credit allocation. Telecommunications exposure declined, reflecting a shift in lender priorities. Overall infrastructure sector growth was positive, excluding telecommunications contraction. Industry's share in total bank credit continued its gradual decline.

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