India's quantitative tightening

The persistent gap between credit and deposit growth has perplexed many. Could it be due to shortfalls in money injection by the RBI?


Illustration: Binay Sinha

Neelkanth Mishra
Over the past year, deposit growth in the Indian banking system has persistently lagged loan growth, with deposits growing just 10 per cent, compared to strong 15 per cent-plus growth
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jun 5 2023 | 8:54 PM IST

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