# Retail lending slows as corporate loans pick up in Q1 2026-08-13T16:50:28+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Retail loans at most large banks grew 7-12% year-on-year in the June quarter, with State Bank of India the outlier at 15%. Corporate loan growth outpaced retail, ranging 10-18%, with Axis Bank reporting 38% growth. Banks attribute the corporate surge to demand from renewables, power and data centres. Some lenders saw slowdown in unsecured retail loans and vehicle/housing loans, but gold loans boomed at nearly 100% year-on-year. RBI data showed bank credit to industry rose 19.2% in June 2026, while retail loans grew 11.7%. Banks expect retail disbursements to pick up in coming quarters. ## Coverage - livemint.com Tags: banking, corporate loans, Gold loans, Q1 results, RBI, retail lending Canonical: https://indianopinion.org/retail-lending-slows-as-corporate-loans-pick-up-in-q1/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/retail-lending-slows-as-corporate-loans-pick-up-in-q1/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.