Indian lenders' loan growth picks up pace in December quarter

Loan growth had slowed sharply in mid-2025 due, in part, to stricter regulations, but recovered strongly since then, with analysts citing festive period spending and ‌the government's consumption tax ‌cuts among factors pushing up growth. Growth in bank credit decelerated to 9.9% on-year in the quarter ended June, data ‌from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% year-on-year in November, the latest monthly data available. "Overall systemic credit growth is showin ...