Bank lending rises as corporate bond fundraising falls amid higher yields
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Bank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank credit rose to Rs 9.8 lakh crore, indicating strong lending activity across major sectors. In contrast, corporate bond issuances fell sharply…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralFalling corporate bond issuance as yields rise signals a shift in India's corporate funding channels.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Non-food bank credit rose to Rs 9.8 lakh crore.
- 02Corporate bond issuance fell sharply as bond yields rose.
- 03Overall bank credit growth was 21.6 percent.