India, Feb. 14 -- Bank credit growth continued to be in double-digits, rising to 14.41 per cent year-on-year for the fortnight ended January 31, the Reserve Bank said on Friday.The key number on banks' non-food credit expansion has remained in double digits for the past five months following the GST rationalisation, and signals a revival in credit demand from both retail borrowers and corporates in recent months.

In July, credit growth was still subdued at 9.76 per cent and 9.98 per cent across the two reporting fortnights, reflecting cautious corporate borrowing and measured retail expansion. August marked a transition, with growth briefly crossing the 10 per cent mark.

The uptrend became more pronounced from September onward, with cre...