Morning Edition

November 2, 2026

Bank credit growth jumps to 19.1% as services lending hits 28.3% RBI data shows non-food bank credit grew 19.1% in September 2026, up from 11.2% a year earlier, led by 28.3% growth in services lending.
Fresh loan rates fall to 8.51% as deposit rates ease, RBI says Banks' average rate on fresh rupee loans fell 10 basis points to 8.51% in September 2026, while fresh deposit rates eased to 5.61%, RBI data shows.
Services exports rise 7.2% to $39.3 billion in September India's services exports grew 7.2% to $39.3 billion in September 2026 while imports rose 12.6%, widening the services surplus to $19.2 billion.
Yulu FY26 loss narrows 23% to Rs 97 crore on Rs 281 crore revenue Electric mobility startup Yulu cut its FY26 loss to Rs 97 crore as revenue rose 18.6% to Rs 281 crore, with EV rental 93% of sales.
EV two-wheeler registrations hit 2.24 lakh in October India registered 2,23,847 electric two-wheelers in October 2026, with TVS on top and Ola Electric falling to a 5.4% share, Vahan data shows.