politics

Yes Bank, supported by SMBC, reports increase in Indian deposit activity

12 Haziran 2026Japan Times

Bank credit in India has experienced significant growth, rising by 16.2% in the year leading up to May 15, marking the fastest pace since June 2024. Meanwhile, deposits have also seen an increase, climbing by 12.2% during the same timeframe.
This trend indicates a gradual return of confidence among Indian depositors. The data reflects a positive shift in the banking sector's health and stability.
The Indian banking sector has faced challenges in recent years, including issues related to non-performing assets and liquidity crises. The recent uptick in both credit and deposits may signal a turning point, as banks like Yes Bank, backed by SMBC, work to regain customer trust and stabilize their operations.
The growth in bank credit alongside rising deposits suggests that Indian consumers and businesses are beginning to trust the banking system again, potentially after previous financial instabilities. This could be indicative of a broader economic recovery, as increased lending often correlates with higher consumer sp…

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This article is for informational purposes only and does not constitute financial advice.

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