Current Affairs - Economy - Discussion

According to SBI Research, Indian scheduled commercial banks recorded a credit growth of 18.6% for the fortnight ended June 30, 2026, while deposit growth stood at 13.3%. This widened the gap between credit and deposit growth to 5.3%. The report highlighted that lending activity was driven by increased credit flow to agriculture, industry, and services, with working capital loans growing faster than term loans. It also noted that Indian banks are in a strong financial position due to healthy capital buffers and low non-performing assets, while the Emergency Credit Line Guarantee Scheme (ECLGS) continues to support credit expansion across productive sectors.