People wait outside automatic teller machine booths for IndusInd Bank ltd., left, and State of Bank Ltd. in the Chembur area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Aggressive Private Lenders Corner A Larger Piece Of Fresh Deposits
Public sector banks, despite their government backing and widespread network, are falling behind in garnering fresh deposits, shows data released by the Reserve Bank of India on Friday. These lende...