Mumbai, July 5 -- Deposit growth at banks picked up pace in the first quarter (April-June) of the current financial year, even as credit growth continued to be sluggish, initial business updates show. Of the lenders that have declared their initial Q1 updates so far, year-on-year deposit growth nearly matched or outpaced loan growth for most private banks and Punjab National Bank, growing 8-16% for commercial banks and 19-31% for small finance banks. On the other hand, loans grew 5-15% for most banks and 11-18% for small finance banks. In Q4, on-year loan growth for most large banks was in the range of 12-22%. YES Bank and CSB Bank were the outliers in Q1 FY26. YES Bank saw muted growth for both loan and deposits, with loans growing 5% and ...