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PSU banks deposit rises in Q2 ahead of demonitisation: Why so?

State Bank of India's (SBI) deposit grew 4.3 percent in Q2 compared to 1-3 percent rise (quarter-on-quarter) in previous quarters. Similarly, Punjab National Bank‘s (PNB) deposits jumped 3.8 percent in Q2 against growth of 1.6-0.8-0.2 percent growth in the deposits in the last few quarters.

first published: Nov 12, 2016 03:13 pm

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