Bank credit grows 11.45%, show RBI data

Deposits grew 9.51% YoY to Rs 238.83 lakh crore as on October 17, down 1% on a fortnightly basis. Investments by banks rose 6% YoY to Rs 68.85 lakh crore during the same period.

Written by FE Bureau

October 30, 2025 22:25 IST

RBI flags dumping of cheap steel from China, Japan, South Korea

In the previous fortnight ended October 3, loans grew 11.38% YoY while deposits rose 9.94%.

Loans extended by banks grew 11.45% year-on-year as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed. Advances stood at Rs 192.12 lakh crore as on October 17. On a fortnightly basis, the credit growth marginally declined.

Credit growth, which has been muted for a while, is showing signs of revival after rationalisation of GST rates and an increased demand due to festive season.

Deposits grew 9.51% YoY to Rs 238.83 lakh crore as on October 17, down 1% on a fortnightly basis. Investments by banks rose 6% YoY to Rs 68.85 lakh crore during the same period.

In the previous fortnight ended October 3, loans grew 11.38% YoY while deposits rose 9.94%.

This article was first uploaded on October thirty, twenty twenty-five, at twenty-five minutes past ten in the night.