Bank credit to Indian industry recorded a robust 13.3 percent year-on-year increase in December, signaling a steady revival in corporate borrowing and investment appetite, according to data released by the Reserve Bank of India. The expansion reflects improved demand across manufacturing, infrastructure, and select service sectors, supported by healthier balance sheets and a gradual pickup in capital expenditure. While retail lending continues to be the primary growth driver for banks, the renewed traction in industrial credit suggests a broadening of the credit cycle.
