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LATEST NEWS UPDATES | In bank deposits, a tale of strength and sorrow -Aparna Iyer

In bank deposits, a tale of strength and sorrow -Aparna Iyer

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published Published on Sep 28, 2021   modified Modified on Oct 3, 2021

-Livemint.com

The banking system’s y-o-y deposit growth had slowed to 8.62% by August from about 10% at start of FY22

It is a foregone conclusion that the covid-19 pandemic forced Indians to save more by curtailing the opportunities to spend in FY21. This has stretched to the current financial year because of the second wave of the pandemic. However, a look at the ownership pattern of bank deposits reveals some interesting nuggets.

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Livemint.com, 28 September, 2021, https://www.livemint.com/market/mark-to-market/for-banks-pvt-firms-are-the-fastest-growing-depositors-post-pandemic-11632765616060.html


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