Bank CASA ratio falls to two-year low of 37.9% in December quarter: RBI Data
Low-cost bank deposits have fallen to a two-year low. This trend increases borrowing costs for banks. Savers are moving money to higher-return options like stocks and gold. Bankers anticipate an improvement as global uncertainty grows. This shift impacts bank profits and forces reliance on costlier funding sources.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/5egLmCf
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from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/5egLmCf
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