Kolkata: of large like and showed that their outpaced in the first quarter, in a continuation of the trend seen over the past few years.
Canara Bank reported an 18% year-on-year advances growth to Rs 12.9 lakh crore at the end of June while its deposits grew 11.7% to Rs 16.1 lakh crore. The bank’s retail, agriculture and grew at 21.3% to Rs 7.7 lakh crore, reflecting a faster expansion than wholesale advances.
Indian Bank’s advances grew 13.9% year-on-year to Rs 6.85 lakh crore, marginally outpacing the deposits growth of 13.3% to Rs 8.43 lakh crore.
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