Bank lending stays strong in Q1 despite war, outpacing deposit growth
Most large and mid-sized banks posted year-on-year credit growth between 12.9% and 21.3% whereas the figure was as high as 25.5-26.5% for smaller banks such as Jammu and Kashmir Bank and Dhanlaxmi Bank. Deposit growth, by contrast, for mid-sized and large banks was in a range of 7.0-14.9%, which went up to 16.8-17.1% for some smaller banks, initial business updates by lenders showed. Union Bank was the outlier, with its loans growing 12.5% year-on-year in Q1 (April-June 2026) and deposits growing significantly slower at only 3.5%
Post Comment