Latest FY15–FY25 News & Updates

New Delhi, Jan 12 (IANS) Deposits and advances in Indian banks almost tripled from FY15 to FY25, signalling deepening of the banking system and renewed credit intermediation, a report said on Monday.The report from SBI Research said that deposits rose from Rs 85.3 lakh crore to Rs 241.5 lakh crore and advances climbed from Rs 67.4 lakh crore to Rs 191.2 lakh crore during FY15–FY25.The bank asset growth rebounded from 77 per cent of GDP to 94 per cent by FY25, reflecting renewed financial deepe…