Bank credit grows 16% in FY26, faster than deposits rise

Bank credit saw a significant 16% rise, reaching ₹219 lakh crore. Deposits grew 13.4% to ₹267.8 lakh crore by March 31, 2026. Investments also increased by 4.7%. This year-end surge in deposits and credit is a common trend. In the last fortnight alone, banks gathered ₹12 lakh crore in deposits and lent ₹6.1 lakh crore.

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