Public Policy

Credit offtake stays ahead of banks' deposit growth

· 5 October 2026 · 2 min read
Credit offtake stays ahead of banks' deposit growth

The Times of India has reported a new India-focused policy development: “Credit offtake stays ahead of banks' deposit growth.” The publisher's feed describes the story as follows: <![CDATA[In the second quarter of FY27, advances at several banks grew significantly faster than deposit growth. Smaller banks, such as Tamilnad Mercantile Bank and Karnataka Bank, recorded impressive credit expansions. Larger public sector banks like Bank of India and Canara Bank also saw substantial growth in advanc

Original reporting by The Times of IndiaRead the full story

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