Mumbai, April 4 (IANS) HDFC Bank on Saturday reported a widening gap between credit and deposit growth in the March quarter, as strong loan expansion continued to outpace relatively slower deposit mobilisation, keeping the bank’s credit-deposit ratio elevated.The bank’s gross advances rose around 17 per cent year-on-year (YoY) to nearly Rs 25 lakh crore as of March 31, compared to about Rs 21.4 lakh crore a year ago, according to an exchange filing.On a sequential basis, loan growth remained…
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New Delhi, March 26 (IANS) India’s credit growth has seen a sharp jump in FY26, rising 61 per cent, driven mainly by strong demand from retail borrowers and MSMEs, a new report showed on Thursday.Credit growth in India has accelerated significantly in FY26, with total credit flows rising to Rs 25.1 lakh crore, nearly matching deposit mobilisation of Rs 26.1 lakh crore, a report by Yes Bank said.The report noted that strong demand across retail, MSME and infrastructure sectors has been the key …