Search

    Language Settings
    Select Website Language

    GDPR Compliance

    We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

    dailyadda

    Credit growth outpaces deposit, sharpens wedge

    15 hours ago

    Deposit outflows in early December, driven by tax payments, widened the credit-deposit gap for scheduled banks. Despite a year-on-year deposit growth of 9.4%, deposits fell by Rs 1.7 lakh crore in a fortnight. Banks are resorting to RBI borrowings and asset liquidation to fund strong credit expansion.
    Click here to Read More
    Previous Article
    Vande Bharat Sleeper Train Launch Soon On This Route! Indian Railways’ New Train Better Than Rajdhani - Check Photos, Ticket Price & Top 10 Facts
    Next Article
    Regulator allows banks to sponsor NPS pension funds

    Related Business Updates:

    Are you sure? You want to delete this comment..! Remove Cancel

    Comments (0)

      Leave a comment