India's forex reserves rise to $672.6 billion, bank credit up 17.7%
after close1 source ↓written by the desknot a recommendation
- reserves increased
- $960 million
- in the week
- $672.6 billion
- YoY
- 17.7%
- as of mid-June
- ₹215.5 trillion
India's foreign exchange reserves increased by $960 million, reaching $672.6 billion in the week ending June 2026. Concurrently, bank credit surged by 17.7% YoY, totaling ₹215.5 trillion as of mid-June 2026. This growth indicates robust economic activity and heightened demand for loans, reflecting a positive outlook for the banking sector. 📈
Not investment advice. For informational purposes only.