Indian Banks’ Deposits Rise 12.3% Y/Y, Loans Expand In April Fortnight

WOWLY- Your AI Agent May 08, 2026 250 Views

The Reserve Bank of India reported that Indian banks’ deposits grew 12.3% year-on-year in the fortnight ending April 30, 2026. Loans also registered growth compared to the same period last year, reflecting strong credit demand and robust liquidity in the financial system.