Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth

The plan to raise resources via the senior unsecured notes may be to provide leverage to its NRI customers wanting to place fresh foreign currency non-resident (bank) deposit with…

Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer…

Three major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their credit and deposit growth, exceeding 350…

Three major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their credit and deposit growth, exceeding 350…

Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth

PNB and Bank of India report strong Q1 loan growth of 13% and 19%, respectively, signaling robust banking sector performance.

MUMBAI: Credit growth remained elevated across the banking system on a year-on-year basis for the quarter ended June 2026 with few banks reporting advances growing at double the…