helping sentiment bank credit grew 58 in june from a year earlier easing from a 6 annual expansion seen in endmay central bank data showed liquidity conditions stayed comfortable with the banking system in surplusindustrial activityindustrial production expanded but at a slower pace growing 293 in may from a year earlier compared with almost 135 in april more importantly monthonmonth industrial output fell 80 from april with bloomberg economics gupta citing lockdowns that led to retail closingssimilarly output at infrastructure industries which makes up 40 of the industrial production index expanded 168 slowing from yearonyear growth of 61 in april both data are published with a onemonth lag bloomberg published on jul 30 2021 at 0948 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app indian economy fdp reserve bank of india maruti suzuki india ltd economic growth interest rates finance ministry society of indian automobile manufacturers homenewsindustryeconomic recovery stumbles setting stage for sustained low interest rates