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Bank credit growth outpaces deposits at 17.94%

Bank credit expanded 17.94 per cent year-on-year to reach Rs 232.54 lakh crore for the period ending October 15, exceeding the 16.6 per cent deposit growth rate, according to Reserve Bank of India (RBI) figures released Friday.Data reveals bank deposits rose to Rs 284.37 lakh crore by October 15, 2026, up from Rs 243.88 lakh crore on October 17, 2025—marking a 16.60 per cent annual increase.Reserve Bank of India (RBI) records indicate bank credit climbed to Rs 232.54 lakh crore as of October 15…

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Economic TimesLean R·1h ago
Bank credit growth outpaces deposits at 17.94%
Bank credit expanded 17.94 per cent year-on-year to reach Rs 232.54 lakh crore for the period ending October 15, exceeding the 16.6 per cent deposit growth rate, according to Reserve Bank of India (RBI) figures released Friday.Data reveals bank deposits rose to Rs 284.37 lakh crore by October 15, 2026, up from Rs 243.88 lakh crore on October 17, 2025—marking a 16.60 per cent annual increase.Reserve Bank of India (RBI) records indicate bank credit climbed to Rs 232.54 lakh crore as of October 15…
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Bank credit growth outpaces deposits at 17.94%

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Bank credit growth outpaces deposits at 17.94%

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