State-owned Punjab National Bank (PNB) and Bank of India on Thursday reported a 13 per cent and 19 per cent increase in total credit, respectively, in the first quarter of FY27.Loans rose to Rs 12.75 lakh crore from Rs 11.29 lakh crore in the first quarter of the last financial year, PNB said in a regulatory filing.At the same time, total deposits increased by 9 per cent to Rs 17.24 lakh crore, while total business improved by 10 per cent to Rs 29.99 lakh crore in the April-June quarter.Another public sector lender, Bank of India, posted a 19 per cent growth in total credit to Rs 7.97 lakh crore in Q1FY27 from Rs 6.72 lakh crore at the end of the April-June quarter of FY26.The total credit also included retail, agriculture and MSME (RAM) loans of Rs 3.92 lakh crore, registering a growth of 20 per cent, BoI said in a separate regulatory filing.The Mumbai-headquartered public sector lender reported a 15 per cent rise in total deposits to Rs 9.58 lakh crore in the quarter under review against Rs 8.33 lakh crore at the end of the first quarter of the preceding financial year. ​ As a result, the total business (total credit and deposits) of the bank registered an increase of 17 per cent to Rs 17.5 lakh crore compared to Rs 15.1 lakh crore at the end of June 30, 2025.Meanwhile, ESAF Small Finance Bank reported a 27 per cent rise in advances to Rs 23,216 crore for the June quarter.During the quarter, total deposits rose 19 per cent to Rs 26,925 crore, ESAF Small Finance Bank said in a separate filing.Total business of the bank stood at Rs 51,141 crore in Q1FY27 on June 30, 2026, against Rs 40,923 crore in Q1FY26, it said.Another private sector lender, Tamilnad Mercantile Bank, posted a 27 per cent improvement in loans at Rs 57,306 crore in the quarter under review.Total deposits rose 20 per cent to Rs 64,409 crore, Tamilnad Mercantile Bank said in a separate filing.Published on July 3, 2026