Credit expansion outpaces deposit growth at large lenders

Credit growth at large Indian banks has continued to outpace deposit mobilisation, highlighting evolving balance sheet dynamics. While loan demand remains robust, sustained gaps between credit and deposit growth could influence funding costs. The trend underscores the importance of deposit traction and liquidity management for the banking sector.

Nalco shares touched a record high as global aluminium prices strengthened, improving earnings visibility for metal producers. Investors reacted positively to favourable pricing trends and expectations of stable demand. While commodity cycles support near term sentiment, monitoring cost structures and global demand trends remains essential.