Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand

Credit offtake of public banks outpaced private banks.

Indian commercial banks’ credit offtake rose 11.8% year-on-year (YoY) for the Q3 FY2025 period that ended in December 2024.

Credit expansion of micro, small and medium enterprises (MSMEs) fuelled credit expansion, particularly medium enterprises and the renewable energy sector, according to CareEdge Ratings.

Credit offtake of public banks marginally outpaced private banks in Q3 FY2025, due to private banks focusing on managing their high credit to deposit ratio. A major private bank also offloaded a chunk of its loan book to other banks and investors.

In contrast, private banks outpaced public sector banks in deposit growth during the same period, CareEdge Ratings said.

Also Read

Loans extended in Australia rose 6.5% in January

BoCom to prioritize risk control, moderate loan book growth: S&P

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit