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Credit growth continues to outpace deposit mobilisation in July as loans rise 19%, deposits 15%

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Credit growth continues to outpace deposit mobilisation in July as loans rise 19%, deposits 15%

4 lakh crore, according to RBI data analysed by Lattice. 4 lakh crore. The gap between credit and deposit growth narrowed to four percentage points in July from six percentage points in June, indicating stronger deposit mobilisation while credit demand remained resilient. 3 lakh crore during the same period, reflecting continued expansion in banks' balance sheets. 3 lakh crore in June. 4 lakh crore in June. 2 lakh crore in June, maintaining the strong growth trajectory in digital payments. 5 lakh crore in July, sustaining the elevated transaction levels seen in June. 9 lakh crore in July, unchanged from June, continuing to account for the largest share of digital retail payments by value. 1 lakh crore, while credit card transaction value was steady at around Rs 2 lakh crore. 4 lakh crore. 3 lakh crore in July, indicating broad-based stability across digital payment modes even as overall transaction value increased month-on-month.



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