BANKING & FINANCE
Deposit Growth Hits Highest Level Since 2016, Led By FCNR(B) Inflows
Bank deposit growth accelerated sharply to 15.4% year-on-year as of July 31, 2026, marking its fastest pace since December 2016, even as bank credit growth strengthened to 19.3%, according to CareEdge Ratings. Deposit growth rose from 12.7% as of July 15 and 10% in the corresponding period last year. Credit growth, meanwhile, accelerated from 17.7% […]
CW Bureau
·
Aug 18, 2026
BANKING & FINANCE
RBI Signals Wait-And-Watch On Rates As Food, Fuel Inflation Clouds Outlook
Reserve Bank of India (RBI) Governor Sanjay Malhotra has indicated that the central bank will refrain from any immediate policy action despite a projected rise in headline inflation, saying there is a need for greater clarity on the inflation trajectory before recalibrating interest rates. Addressing the media after the Monetary Policy Committee (MPC) meeting, Malhotra […]
Sajan C Kumar
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Aug 5, 2026
BANKING & FINANCE
RBI Keeps Repo Rate Unchanged At 5.25%, Retains Neutral Policy Stance
The Reserve Bank of India (RBI) on Wednesday left the benchmark repo rate unchanged at 5.25% for the second consecutive policy review, opting to balance inflation risks against a resilient domestic economy amid an increasingly uncertain global environment. The six-member monetary policy committee (MPC), chaired by RBI Governor Sanjay Malhotra, unanimously voted to maintain the […]
CW Bureau
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Aug 5, 2026
