Bank credit recorded robust growth during H2FY26

Reserve Bank of India (RBI) has stated in a latest monthly update that bank credit recorded a robust growth during H2; 2025-26, owing to monetary policy easing and strong economic activity. Growth in bank credit of scheduled commercial banks accelerated to 13.8 per cent (y-o-y) as on March 15, 2026 from 11.0 per cent a year ago. Across bank groups, credit growth of foreign banks remained the highest at 14.7 per cent (y-o-y), followed by public sector banks and private banks. As on March 15, 2026, public sector banks accounted for the largest share of incremental credit (y-o-y). However, credit growth has accelerated for private banks in recent months leading to improvement in their share in incremental credit.