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Incremental credit-to-deposit ratio drops to 30 month low of 77.7%

By Economic Times - 3 weeks ago
Indian banks are seeing a slowdown in loan growth as they prioritize attracting deposits to improve their liquidity. The loan-to-deposit ratio has dropped to its lowest point in 30 months, but regulators remain cautious. Banks are expected to focus on attracting more deposits, even if it means higher interest rates and potential pressure on profits.

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