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Bank Credit Growth Slows to 1.4% in FY26

Kumari Sonali

Bank Credit Growth Slows to 1.4% in FY26:

Bank credit growth in India has slowed to 1.4% in FY26 so far, down from 2.3% in the same period last year, according to the Reserve Bank of India’s latest weekly statistical survey. Meanwhile, deposit growth has remained steady at 3.4%, compared with 3.5% during the same period last year.

For the fortnight ending July 25, 2025,

  • Deposits: Up 10.2% year-on-year.
  • Advances: Up 10% year-on-year.
  • This indicates that while deposit mobilisation remains healthy, lending momentum has softened in the early months of the fiscal.

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