Bank lending saw a broad-based acceleration in July, with non-food bank credit growing 19.1 per cent year-on-year in the fortnight ended July 31, 2026, compared with 9.9 per cent in the same fortnight a year earlier, according to Reserve Bank of India data.

Bank credit growth surged to 16.5% in June 2026, while deposits remained robust at 11.5%, signaling economic strength.

Bank lending saw a broad-based acceleration in July, with non-food bank credit growing 19.1 per cent year-on-year in the fortnight ended July 31, 2026, compared with 9.9 per cent…