Sunday, September 15, 2024

BANKING

The Reserve Bank of India's Governor has sparked debate by questioning whether deposits or advances come first in banking. The discussion centers on the impact of personal savings flowing into the stock market, affecting bank deposit growth. Experts argue that loans create deposits but not liquidity, emphasizing the need for stable deposits for credit growth.

from Banking/Finance-Industry-Economic Times https://ift.tt/vFDqf74
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