Credit-deposit growth convergence observed amid higher base effect and RBI measures

Credit offtake, at ₹175.1 lakh crore, grew by 10.6%, down from last year’s 20.6%, while deposits expanded to ₹220.2 lakh crore, marking a 10.7% YoY increase.

Dec 22, 2024 - 16:51
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Credit-deposit growth convergence observed amid higher base effect and RBI measures
Credit offtake, at ₹175.1 lakh crore, grew by 10.6%, down from last year’s 20.6%, while deposits expanded to ₹220.2 lakh crore, marking a 10.7% YoY increase.

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