Deposit growth gets FCNR(B) boost, yet trails credit expansion in Q2FY27
Deposits of commercial banks rose 15.3 per cent to ₹173.5-lakh crore in the September quarter of FY27 from ₹150.5-lakh crore a year earlier, according to an analysis of business updates released by 21 banks. On a sequential basis, deposits grew 5.2 per cent during the quarter.The increase was aided…