Banks Need Rs 25 Lakh Crore In Deposits Over Next Two Years To Meet Credit Demand
A customer counts Indian one-hundred rupee banknotes before depositing them at a branch of the HDFC Bank Ltd. in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Banks Need Rs 25 Lakh Crore In Deposits Over Next Two Years To Meet Credit Demand

Deposit growth has been on the decline as a larger proportion of household financial savings move away from banks and towards other financial instruments. This slowing growth, unless reversed, coul...
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