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India Scheduled Bank Deposits Rise 4.3% YoY, Credit Growth Steady

RBI data shows scheduled commercial bank deposits grew 4.3% year-on-year to ₹28.25 lakh crore as of Oct 31, 2026, with credit growth likely similar. The data indicates stable liquidity conditions and moderate credit demand, with no major deviation from recent trends.

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Reserve Bank of India — Press Releasesabout 22 hours agoINengCredibility 10%View source

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Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

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