India’s bank lending is growing at the fastest pace in nearly two years, driven by companies increasingly choosing bank loans rather than issuing bonds. Bloomberg reports that credit expansion accelerates as firms treat loans as a cheaper financing option. Business Standard cites Reserve Bank of India data showing credit growth rises to 16.2% in the year through May 15, marking the fastest rate since June 2024. Taken together, the reports indicate a broad shift in corporate funding choices, with bank credit providing a larger share of financing compared with bond markets. The Reserve Bank of India data referenced points to ongoing momentum in overall credit expansion, while the coverage on bond versus loan preferences explains the underlying demand-side factor. The information suggests that corporate borrowers’ financing strategies are helping push lending growth higher across the banking system, even as bond issuance is comparatively less favored.
India bank credit growth hits two-year high as firms favor loans over bonds
India’s bank lending is growing at the fastest pace in nearly two years, driven by companies increasingly choosing bank loans rather than issuing bonds. Bloomberg reports that credit expansion acceler...
- India’s bank credit growth reaches its fastest pace in nearly two years.
- Credit growth is reported at 16.2% in the year through May 15.
- The pace is the fastest since June 2024, based on RBI data cited by Business Standard.
- Companies are favoring bank loans over corporate bonds as a financing option.
- The shift is linked to loans being perceived as a cheaper source of funding.
Credit growth expanded at 16.2 per cent in the year through May 15, the fastest clip since June 2024, according to the Reserve Bank of India data
2 months agoBank lending in India is expanding at the fastest pace in nearly two years as companies choose loans over bonds as a cheaper source of financing.
2 months ago
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