![Bank deposits outgrow credit by ₹1 lakh cr in May](https://cdn.magzter.com/1574835453/1718749515/articles/Q3Ewhb2uJ1718761626777/BANK-DEPOSITS-OUTGROW-CREDIT-BY-1-LAKH-CR-IN-MAY.jpg)
BANKS' continuous efforts to mobilise deposits are finally bearing fruit with the funds mobilsed during the last fortnight of May overshooting the loans provided to customers in absolute terms. Deposits totalled at 2.7 trillion (₹2.7 lakh cr) as against credit offtake totalling at 1.7 trillion, something that has been the opposite in over two years.
Banks have been chasing deposits with attractive pricing as the people were parking their money in stocks and mutual funds which have been offering more returns. Leading banks have increased their deposit pricing many times in the past a few quarters as there were more demand for credit.
この記事は The Morning Standard の June 19, 2024 版に掲載されています。
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この記事は The Morning Standard の June 19, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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![CLUTCH DUTCHI](https://reseuro.magzter.com/100x125/articles/20402/1758224/KKIwEnWll1720401871119/CLUTCH-DUTCHI.jpg)
CLUTCH DUTCHI
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