India's largest lender, SBI, hopes a stock market correction will drive depositors back to banks. As retail investors seek higher returns in equities, deposit growth lags credit growth, forcing banks to raise rates. The Reserve Bank of India is concerned about the widening credit-deposit gap, which poses systemic risks. 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.
