”With gap between credit growth and deposit growth expanding during the year to 6 percentage points at the peak, banks have been pushed to invest in expanding networks with an objective to boost their deposit mobilisation,” said Prakhar Sharma, analyst at Jefferies. “It is interesting that different banks are adopting different strategies to drive growth in retail deposits.”
NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore
The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each
October 24, 2024