business bank credit growth slows deposits stay steady in fy26

Bank Credit Growth Slows, Deposits Stay Steady In Fy26

10hrs 13mins   👁 5

Bank credit growth has slowed to 1.4% in FY26 so far, compared to 2.3% last year, while deposit growth remains steady at 3.4%. Corporate credit demand is lower as companies explore market instruments. Despite rate cuts, housing loan demand hasn't surged as expected, but overall financial resources to the commercial sector have increased.