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Indian banks reportedly accounted for 81% of fresh credit from November 2025 to August 2026
The Economic Times, citing Jefferies, reports that Indian companies turned to bank loans as bonds and other borrowing became costlier.
TLDR
The Economic Times, citing Jefferies, reports that banks accounted for 81% of fresh credit in India between November 2025 and August 2026 as companies shifted toward bank loans. Bank credit grew 18% year-on-year in August 2026, compared with 10% growth in non-bank credit. Jefferies expects bank credit growth to moderate from December 2026 or January 2027.
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