08-January-2026
Banking
 
Banks see double-digit growth for Q3FY26
03-Jan-2026

Banks are expected to report double-digit growth in both advances and deposits in the December quarter, according to the provisional figures of 10 banks. Punjab National Bank is expected to report a 10.1% year-on-year (Y-o-Y) growth in advances to Rs 11.68 lakh crore, while a 4.5% rise over the September quarter. While the deposit growth for the bank is seen at 8.3%, the global credit-deposit ratio of the bank is at 74.21% as on December 31.

News Source:- https://www.financialexpress.com/business/banking-finance/banks-see-double-digit-growth-for-q3fy26/4095873/?ref=business_hp