Bank Loans Against Fixed Deposits Surge 53.3% To ₹2.17 Trillion
Advances against fixed deposits by scheduled commercial banks surged 53.3% year-on-year to ₹2.17 trillion as of Sept 30, 2026, according to Reserve Bank of India (RBI) data cited in a report by Business Standard. The category includes loans backed by Foreign Currency Non-Resident (Bank) deposits and other specified deposits. Growth accelerated from 14.3% a year earlier, supported by lending…
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