Tuesday, October 24, 2023

BANKING

​"With gap between credit growth and deposit growth expanding during the year to 6 percentage points at the peak, banks have been pushed to invest in expanding networks with an objective to boost their deposit mobilisation,'' said Prakhar Sharma, analyst at Jefferies. "It is interesting that different banks are adopting different strategies to drive growth in retail deposits."

from Banking/Finance-Industry-Economic Times https://ift.tt/ZCzkHV5
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