Deposits at banks lags credit growth
- Posted on April 25, 2025
- By Financial Express
- 5 Views
Deposits at banks lags credit growth
RBI data shows slower growth in bank deposits compared to credit in the week ending April 4. Term deposits drove the 10% increase in deposits, as banks offered higher rates to strengthen their liability franchise. Credit growth has also slowed due to concerns about asset quality and a high credit-deposit ratio.
