Icra sees deposit growth inching up to 10-11% in FY17
Rating agency Icra has said bank deposit is going to see a modest growth of 10-11 percent in 2016-17 helped by realignment of small savings schemes but warned that there could likely be some redemption pressure of FCNR-B deposits maturing later in the year.
May 03, 2016, 20:44 PM ISTHigh real interest rate causing lowering growth in banks
High real interest rate is leading to lower deposit growth rate of the banks -- a trend which has been prevalent since late 2014, a SBI report has said.
Apr 12, 2016, 15:38 PM IST