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Deposits used to be safer than loans for banks. Now they are spooking lenders(Soban News)

Last year, banks faced one of the worst deposit crises in two decades, as low interest rates drove savers to mutual funds and other investments. Still, banks are willing to offer loans than to aggressively attract depositors. The reason: rising scrutiny over mule accounts, concerns of digital fraud.

​Last year, banks faced one of the worst deposit crises in two decades, as low interest rates drove savers to mutual funds and other investments. Still, banks are willing to offer loans than to aggressively attract depositors. The reason: rising scrutiny over mule accounts, concerns of digital fraud. by Soban News (international And National News)

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