Development · 2 Oct 2026

In the second quarter, several Indian banks reported that credit growth outpaced deposit growth significantly. Canara Bank experienced a credit growth of 19.4% compared to a 13.1% increase in deposits. Similarly, Indian Bank showed a credit growth of 16.6%, while deposits grew only by 12.4%.

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The record

indiatimes.com1 Oct 2026

A single act of reporting so far, corroborating sources join this record as they publish.

Canara Bank

₹118.36

▼ -0.90%

Close (EOD), as of 1 Oct 2026 · source

Canara Bank: results, dividends, orders, the full cited record →

More on Canara Bank

State-owned Canara Bank reported strong growth across its business parameters.

2 Oct 2026 · 1 publisher

Bank credit to industry grew 18.2% in August, sharply higher than the 7% growth recorded in the same period last year, according to data released by the Reserve Bank of India.

1 Oct 2026 · 3 publishers

Bank advances against fixed deposits, including FCNR(B) and NRNR deposits, rose 43.2 per cent year-on-year to ₹2.04 lakh crore as of August 31, 2026.

1 Oct 2026 · 1 publisher

Bank credit growth in India accelerated to a 26-month high in July 2026, with outstanding bank credit rising 19.3 per cent year-on-year to around Rs 220.8 lakh crore.

1 Oct 2026 · 1 publisher

Banks with higher FCNR(B) mobilisation could face sharper margin pressure in the second quarter of FY27, while increased banking-system liquidity could help contain funding costs and cushion margins for NBFCs according to a report by Nuvama.

29 Sep 2026 · 2 publishers

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