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Chart of the Day: Are rates high enough to boost deposit growth?

Despite deposit rate hikes, growth in deposits hasn’t increased yet. While some banks believe that deposit rates may have reached a peak, perhaps a few more lenders may have to hike further to lure funds

May 03, 2024 / 07:51 IST
Chart of the Day: Are rates high enough to boost deposit growth?

Deposits are still hard to come by for banks

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