Overview
Credit growth continued to outpace deposit mobilisation in July 2026, with outstanding loans growing faster than deposits, according to RBI data analysed by Lattice.
Credit growth across scheduled banks continued to outpace deposit growth in July 2026. According to RBI data analysed by Lattice, outstanding loans increased 19% year-on-year, while deposits grew 15%. The ETBFSI feature also highlights the narrowing gap between credit and deposit growth and the continued growth in non-cash retail transactions during the month.