Bank credit growth is set to outpace deposit expansion in fiscal 2027. Analysts predict credit will grow 12-14% while deposits rise 10-12%. This trend follows a pattern where credit has consistently grown faster than deposits for over a decade. Revised liquidity norms may help manage this gap. Declining CASA ratios are a concern, impacting bank profitability.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026