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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?

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Illustration: Binay Sinha

Neelkanth Mishra
6 min read Last Updated : Jun 5 2023 | 8:54 PM IST
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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 www-business-standard-com-nalsar.knimbus.com or the Business Standard newspaper

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Topics : BS Opinion Indian banking system Banking system

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

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