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Reserve Bank of India — Publications·IN·

Bank Lending Survey for Q2:2026-27

Today, the Reserve Bank released the results of 37 th round of its Bank Lending Survey (BLS) 1 , which captures qualitative assessment and expectations of major scheduled commercial banks (SCBs) on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors 2 . The latest round of the survey, which was conducted during Q2:2026-27, collected senior loan officers’ assessment of credit parameters for Q2:2026-27 and their expectations for Q3 and Q4:2026-27 and Q1:2027-28. Highlights: A.Assessment for Q2:2026-27 Bankers reported improved optimism in credit demand across major sectors of the economy during Q2:2026-27 ( Chart 1 and Table 1 ). Bankers indicated some easing in loan terms and conditions at the aggregate level ( Table 2 ). B. Expectations for Q3:2026-27 Bankers’ expectations on loan demand improved across sectors (except for agriculture sector) in Q3:2026-27 majorly driven by seasonal demand. Overall loan terms and conditions are expected to remain unchanged during Q3:2026-27 over previous quarter ( Table 1 and 2 ). C. Expectations for Q4:2026-27 and Q1:2027-28 Going forward, bankers’ expectations on loan demand exhibited sustaine

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