Bank Credit Growth Slows to 11.3% While Deposits Rise to 9.7% in October:
India’s banking sector witnessed a noticeable shift in financial flows during October 2025. According to the latest data from the Reserve Bank of India (RBI), credit growth slowed to 11.3% year-on-year, while deposit growth picked up pace to reach 9.7% for the same period. This changing dynamic is significant as it hints at possible shifts in loan demand, banking strategies, and liquidity management.The total bank credit outstanding stood at approximately ₹193.9 lakh crore as of October 31, 2025. This marks a slight moderation from previous months, reflecting a slower pace of credit expansion across sectors. A reduced appetite for loans, cautious lending by banks, and global economic headwinds may all be contributing factors.
