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PSBs overtake private banks in credit growth, gain market share amid structural shift: SBI report
The Statesman Bhubaneswar
|July 01, 2025
Public Sector Banks (PSBs) have emerged as key drivers of credit expansion in FY25, cornering 56.9 per cent of incremental credit, up sharply from 20 per cent in FY18.
In contrast, credit growth at private banks slowed to 9.5 per cent, the weakest since FY21, said a research report by the State Bank of India (SBI).
The report further highlighted a structural transformation in India's credit landscape, cautioning that headline banking sector credit growth figures—currently at a three-year low of 9.6 per cent—may mask deeper underlying shifts.
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