Since 1998, there have been at least six occasions when deposit growth trailed credit growth. So, the recent brouhaha over a deposit crunch was surprising, considering it was the sixth, extending from April 2022 to October 2024. As surprising is the relative comfort due to better alignment between credit and deposit growth. In the previous five instances, the deposit-credit growth alignment was a result of both a rise in deposit growth and a fall in credit growth. The current alignment is due to a fall in credit growth and no improvement in deposit growth. This is worrisome. It may be a harbinger of more structural changes in the saving behaviour of households. If the banking system aspires to go back to the 14-16% deposit growth rate before 2016, it may have to treat depositors differently.
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Denne historien er fra December 31, 2024-utgaven av Mint Ahmedabad.
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Indriya eyes growth via franchise model
Aditya Birla Group's jewellery brand aims to open 100 stores in 18 months
Notes on the fragile Malayali male ego
In 2022, when the Malayalam edition of Unni R.'s collection of stories, Malayali Memorial, was first published by DC Books, the cover image created a social media storm.
A literary tour of Bengaluru
A new, self-guided audio tour of the city's bookish haunts, from old libraries to independent bookstores, is a delight
Look at animal movement with more generosity
On a daily lunch walk in Delhi in January, I see a little bird, winking like a light.
The dirty picture-mag
A really good dirty joke is hard to forget. Few shows have dared to blend the risqué with the revolutionary as seamlessly as Minx.
Enjoy your tea like a fine book
started the year with the good intention of reading more and reading more attentively. I reached for Mortimer Adler's How to Read a Book for advice.
Good immigrants or pesky invaders?
As Donald Trump returns amid raging controversies over H1B visas, a new book documents the rise of Indians in the US
Tech Mahindra, Wipro Q3 revenue shrinks; margins up
HCL Technologies Ltd. Infosys reported a revenue of $4.94 billion, up 0.92% sequentially; whereas HCLTech's revenue rose 2.55% to $3.53 billion.
How the wheels of oppression keep turning
Kavery Nambisan's new novel, telling a story of religion, caste and gender, shows her at the top of her game
What happened to India's fast bowlers?
The text 'Not so long ago, Jasprit Bumrah led an exciting crop of pacers. But now, he stands alone. What's ailing pace bowling?' visible in the image is the drophead but was not extracted
