Deposit growth had fallen from a peak of 18% in fiscal ended March 2020 to 10% in March 2022 as savers looked for better returns after a sharp fall in deposit rates due to the extraordinary interest rate cuts by RBI post-Covid. Though subsequent rate hikes have improved deposit growth, it is still low at 14% compared to its peak. Read The Rest at :
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.
