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Bank deposits

08 July, 2020, 10:42 AM IST

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BANK DEPOSITS

Bank credit grows 6.18%, deposits 11%: RBI data

Rating agency Crisil in a recent report said bank credit growth is likely to nosedive to a multi-decadal low of 0-1 per cent in 2020-21 as economic activity is sharply impacted by the COVID-19 pandemic.

Surge in deposits to put pressure on banks’ net interest margins

NIM, or the differential between interest earned and spent, may narrow 10-15...

Equitas Small Finance Bank hikes interest on saving account deposits

In order to attract deposits, small finance lender Equitas Small Finance...

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