The nineteenth round of the FICCI-IBA survey was carried out for the period January to June 2024.
A total of 22 banks including public sector, private sector and foreign banks participated in the survey. These banks together represent about 67 per cent of the banking industry, as classified by asset size.
The Indian economy and the banking sector remain robust and resilient, the survey found.
With improved balance sheets, banks are supporting economic activity through sustained credit expansion. However, credit growth is outpacing deposit growth, which could lead to liquidity challenges for the banking system.
This story is from the September 12, 2024 edition of The Daily Guardian.
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This story is from the September 12, 2024 edition of The Daily Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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