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RBI data shows bank credit growth jumps to 16 percent as deposits rise sharply
Economy
Published on 8 May 2026
Credit accelerates while deposits surge faster than before
RBI data indicates bank credit growth quickened to 16 percent in the fortnight ending April 30. Deposits also climbed, recording 12.3 percent year-on-year growth, alongside rising system-wide totals for both credit and deposits. The credit-deposit ratio stood at 82.01 percent, signaling how money is being allocated across lending and savings.
- Bank credit growth rose to 16 percent in the latest fortnight
- Deposits grew 12.3 percent year-on-year, accelerating from earlier
- Outstanding credit hit Rs 212.12 lakh crore while deposits reached Rs 258.64 lakh crore
- Credit-deposit ratio is 82.01 percent
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times