Bank Deposits Contract in Mid-September After Record Growth in August, Credit Growth Moderates
Bank deposits and credit growth showed mixed trends recently. Deposits contracted by Rs 2.59 lakh crore in the fortnight ending September 15, reaching Rs 276.2 lakh crore, partly due to non-renewal of high-cost bulk deposits and inflows into FCNR(B) deposits. Credit growth slowed to 18.1% in mid-September from 19.1% in August, with outstanding credit contracting by Rs 57,894 crore. Despite this, August saw the highest deposit growth in 15 years, contributing to a moderation in the incremental credit-deposit ratio, supported by RBI's FCNR-B swap facility and broad-based credit growth driven by industrial advances and FDI.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 42/100.
Outlets measured: moneycontrol, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 25 Sept, 12:40 pm. Other outlets followed.