Bank loan growth accelerated to 9.6% year-on-year by November, up from 8.3% a year prior, driven by strong demand from industries like infrastructure, engineering, and textiles. While overall retail loan growth moderated slightly, vehicle loans and loans against gold jewellery saw significant increases. However, credit card and housing loan growth decelerated. Credit to micro, small, and medium industries, as well as the services sector and NBFCs, also showed expansion.