Business

Loan growth outpaces deposits—will banks be compelled to hike FD rates?(Soban News)

In the September quarter, loan and deposit growth remained strong across public, private, and small finance banks. However, advances outpaced deposits for most major lenders, provisional data show, indicating a renewed gap between credit and deposit growth.

​In the September quarter, loan and deposit growth remained strong across public, private, and small finance banks. However, advances outpaced deposits for most major lenders, provisional data show, indicating a renewed gap between credit and deposit growth. by Soban News (international And National News)

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