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Bank Credit, Deposits Growth Decelerate In Q3, Shows RBI data

Summary by NDTV Profit

Bank credit as well as deposits witnessed deceleration during the October-December quarter sequentially, showed Reserve Bank data released on Friday.Bank credit growth decelerated (year-on-year) to 11.8% in December 2024 from 12.6% in September 2024, while aggregate deposits increased at a marginally lower pace at 11% as compared to 11.7% growth in July-September period.Personal loans, which have large share (31.5%) in total credit, recorded mod…

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NDTV Profit

Bank Credit, Deposits Growth Decelerate In Q3, Shows RBI data

24 hours ago

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The Hindu Patrika

Bank credit and deposit growth tumbles down in third quarter of FY25: RBI

The Hindu Patrika Bank credit and deposit growth tumbles down in third quarter of FY25: RBI Nilesh Desai NEW DELHI: Bank credit and Similarly, combination deposit growth eased to 11 per cent from 11.7 per cent in the earlier quarter.Personal loans, which make up 31.5 per cent of complete credit, noticed a moderation in annual growth to 13.7 per cent, in comparison with 15.2 per cent in the earlier quarter. Credit to the agriculture and trade se…

1 day ago

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