Bank lending growth outpaces deposits in Q1
Bank lending in Q1 outpaced deposit growth, with large banks seeing credit growth of 12.9% to 21.3%. Smaller banks reported even higher growth, while deposit growth lagged at 7.0-14.9%, indicating a widening funding gap.
after close1 source ↓written by the desknot a recommendation
- banks ranged
- 12.9% to 21.3%
- as high
- 26.5%
- banks was only
- 7.0-14.9%
Bank lending surged in Q1, outpacing deposit growth, widening the funding gap. Credit growth for large and mid-sized banks ranged from 12.9% to 21.3%, while smaller banks like Jammu and Kashmir Bank saw growth as high as 26.5%. In contrast, deposit growth for large banks was only 7.0-14.9%. This trend may pressure banks to enhance deposit mobilization to sustain lending levels.
Not investment advice. For informational purposes only.