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HomeNewsOpinionGap between credit and deposit growth set to narrow

Gap between credit and deposit growth set to narrow

Robust credit growth witnessed in the recent past should drive deposits forward but for now the slowdown in loans could narrow the gap between credit and deposit expansion

December 20, 2023 / 10:47 IST
The key driver of credit growth has been retail loans. Deposit growth for banks on the other hand has been weak.
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