Banks in India faced challenges in mobilizing large deposits to meet rising credit demand over the past two financial years. Credit growth outpaced deposit growth, with a notable increase in the Credit-to-Deposit ratio. Younger investors are showing more interest in equity markets, while senior citizens hold a significant portion of term deposits.
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.