STATE Bank of India chairman Dinesh Khara has said even with slowing liabilities addition the bank has been booking stronger asset growth, which means the former is not posing any challenges to the lender as it's able to support the uptick in advances.
Khara said he does not see any serious challenge on the deposit growth front.
The statement comes amid rising concern being expressed by the Reserve Bank and the government over the slowing deposit growth. Governor Shaktikanta Das has four times flagged the issue while finance minister Nirmala Sitharaman met the heads of public sector bank last week and asked them to devise innovative methods to woo depositors back to the bank counters.
Bu hikaye The New Indian Express dergisinin August 24, 2024 sayısından alınmıştır.
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Bu hikaye The New Indian Express dergisinin August 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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