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Banks see sharp rise in deposit, credit in Q3FY26
The Morning Standard
|January 04, 2026
DRIVEN by high festive demand and GST rate cut-induced shopping spree, both public and private sector banks have turned the low-credit-growth-lower deposit growth tides in the third quarter clocking high to mid double digits growth in advances and deposit accretion.
A dozen banks have reported their business updates for the December quarter over the weekend, recording double-digits growth in their loan and deposit books compared to the same period a year ago.
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