Deposit growth has floundered as high inflation has resulted in less savings, as would be depositors are choosing to put money into shares and mutual funds in search of better returns, said Madan Sabnavis, chief economist at state-owned lender Bank of Baroda.source https://economictimes.indiatimes.com/industry/banking/finance/banking/as-credit-demand-grows-in-india-banks-may-soon-be-scrambling-for-deposits/articleshow/93182753.cms
No comments:
Post a Comment