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5.5
RBI clears ICICI Bank to acquire up to 9.95% stake in CSB Bank
bne IntelliNews·IN·about 14 hours ago
RBI data shows NBFC credit growth rose to 14.9% y/y in July 2026 from 10.6% a year ago, with agriculture credit surging to 18.0% from 5.4%. The acceleration signals strengthening domestic credit demand, though sectoral breakdown beyond agriculture is incomplete. This supports a positive growth outlook for India's financial sector.