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Economy News

The Economic Times

Economy / The Economic Times

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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.

16 Apr 2026 12:42 am