Credit growth has shown a significant increase, reaching 16.5% in June. This growth is compared to the same period last year, which saw a lower rate. The Reserve Bank of India's report provides these details, along with information on lending rates.

The weighted average lending rate has decreased, now standing at 9.26%. A notable portion of outstanding bank credit has interest rates below 9%.

Further information on credit expansion and lending rates can be found in the Reserve Bank of India's Quarterly Basic Statistical Return report, which also highlights growth in specific borrower segments.