Credit offtake stays ahead of banks’ deposit growth
MUMBAI: Advance growth continued to outstrip deposit growth at several banks in the second quarter of FY27, with loan books expanding at a double-digit pace across public sector and mid-sized private lenders despite efforts to accelerate deposit mobilisation.Provisional business updates for Q2FY27 show advances growing between 13% and 29% year-on-year across the banks, with smaller…

