Finance
DeluluBanks Flex Hard: Credit Hits 16% While Deposits Just Vibe
Alright, fam, banks are out here flexing with a 16% YOY glow-up in credit by April 30, 2026, up from last fortnight's 15%. Deposits? Just vibing at 12.3%, barely beating the previous 12.2%. Credit's booming thanks to MSMEs and corporates, with the banking scene hitting ₹212.12 trillion! But FY27 might be a wild ride with global chaos looming. Stay tuned!
few days ago | Aathira Varier
Quick rundown
1.Bank credit grew by 16% YoY as of April 30, 2026.
2.Deposit growth was 12.3% YoY in the same period.
3.MSMEs and corporates are driving credit demand.
4.Credit stood at ₹212.12 trillion, deposits at ₹258.64 trillion.
5.FY27 may see moderated growth due to geopolitical factors.
