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Public finance entities shift to bank credit as yields rise

Financial Express Mumbai

|

January 02, 2026

PUBLIC FINANCIAL INSTITUTIONS (PFIs) are growing their exposure to bank credit - PFI borrowing from banks jumped close to 29% in November, compared to 6% a year ago.

- CHRISTINA TITUS

In the past two months, it has risen 23%, according to the Reserve Bank of India's (RBI) sectoral deployment data. The outstanding credit stood at ₹2.53 lakh crore as on November 30.

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MCA relaxes KYC norms for directors

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UPI transactions hit record high in 2025

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Neuralink to ramp up brain chip output in 2026, says Musk

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Guidelines released for Aadhaar for EV batteries to track their lifecycle

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