27-June-2026
Banking
 
Banks' credit steady at 17.7%, deposits ease to 12%: RBI
27-Jun-2026

Banks' credit grew 17.7% at the end of the fortnight to June 15, unchanged from the print seen in the preceding two-week period, while deposits growth print slowed to 12% as compared with 12.2% for the same period, Reserve Bank of India data showed. The current growth rates for both credit and deposits are faster as compared to the prints seen a year back. At the same time last year, credit growth was recorded at 9.6% while deposits grew at 10.4% clip. The deposits growth slowed in line with the shift in preference of small savers who are looking to invest more in market-linked instruments for higher returns.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-credit-steady-at-17-7-deposits-ease-to-12-rbi/articleshow/132017573.cms