
Indian banks are projected to experience double-digit growth in both advances and deposits for the December quarter of FY26, according to provisional data from ten institutions. Several public sector banks, including Punjab National Bank, Indian Bank, and Bank of India, are expected to report significant year-on-year credit growth. Private lenders like Tamilnad Mercantile Bank and CSB Bank are also anticipated to outperform. Union Bank of India showed the lowest loan growth among the reporting banks, while South Indian Bank's reported growth would be higher without a recent write-off.
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