Bank deposit rates in India are expected to rise as bank credit growth outpaces deposit growth. In the first five months of the financial year, bank credit increased by 9.1% to Rs 124.5 lakh crore, while deposits grew by 6.6%. The merger of HDFC with HDFC Bank has widened the credit-deposit gap.
from Banking/Finance-Industry-Economic Times https://ift.tt/ZBi94H0
via IFTTT
No comments:
Post a Comment