MUMBAI: A sharp collapse in capital market mobilisation pushed bank credit to the forefront of funding for the commercial sector in the first quarter of FY27, with non-food bank lending rising more than ten-fold and driving a surge in overall resource flows.

Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail credit expansion, reaching 26% on average.…

Financial resources to India's commercial sector surged 148% to ₹7.73 lakh crore in Q1FY27, driven by increased bank credit.