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.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.