Private Banks Outpace PSU Peers in Deposit Mobilisation as Q2 Loan Growth Stays Broad-Based
Private sector banks continued to pull ahead of state-run lenders in deposit mobilisation during the second quarter, underscoring their stronger franchise strength and pricing flexibility in a competitive funding environment. On the lending side, both bank groups posted healthy year-on-year advances growth, but private banks again showed a wider growth band, signalling sharper balance-sheet expansion and stronger traction in retail and commercial credit.
