06-October-2026
Banking
 
Private banks' deposit mobilisation outpaces PSU peers in Q2
06-Oct-2026

Deposit mobilisation by private banks outpaced state-owned peers in the second quarter of FY27, indicating higher Foreign Currency Non-Resident Bank deposit mobilisation under the Reserve Bank's concessional swap window. Data compiled by PTI from provisional numbers disclosed by banks for the July-September period shows that private lenders' deposit growth ranged between 17 per cent and 34 per cent year-on-year compared to a 6.87-17.01 per cent rise of state-owned lenders.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/private-banks-deposit-mobilisation-outpaces-psu-peers-in-q2/articleshow/134709342.cms