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 rate of credit growth. In contrast, the wedge between credit and deposit growth widened with some banks (Bank of Baroda, IDBI and RBL) reporting a dip in deposits compared to end March 2026 levels.

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