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Tag Archives: personal loan growth rate

Bank Credit Growth Climbs to 8-Quarter High of 16.5% in Q1 FY27, Widening Deposit Mobilisation Gap

Indian scheduled commercial banks recorded a sharp acceleration in credit expansion during the first quarter of financial year 2026-27 (Q1 FY27), with overall bank credit growing at 16.5% year-on-year. According to the latest monetary and banking data released by the Reserve Bank of India (RBI), this expansion represents the highest …

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