Banking sector credit growth strengthened in May'26, with gross credit rising 17.7% YoY and 1.4% MoM to Rs215.2 tn. Non-food credit accelerated to 17.4% YoY, led by broad-based growth across industry, services and agriculture. Agriculture credit grew 14.9% YoY, while industrial credit remained robust at 17.5% YoY, supported by strong lending to MSMEs and large corporates. Services credit accelerated to 20.4% YoY, driven by NBFCs, commercial real estate and trade. Retail loan growth remained healthy at 15.4% YoY, supported by vehicle and housing loans, while gold loans continued to witness exceptional growth of 105.5% YoY. Looking ahead, credit...