According to the SBI Research report prior to the Monetary Policy Committee (MPC) meeting, the two major instruments of lending, namely corporate borrowing as well as retail loans contributed almost two-third of the growth in bank credit in the April-June quarter of FY27 with the leading sectors being petroleum, infrastructure, engineering and chemicals.
As per the statement given in the report, Over three-fifth of surplus in bank credit during that quarter has come from the corporate lending and personal loans.
