Concentrate on banks with exceptional deposit growth: Aditya Shah https://ifttt.com/images/no_image_card.pngSo overall I am positive on the banking sector in 2023. This is the start of an up cycle which could last this year before we start to see the NPA shoot back again into the bank books. However, for this year I feel the loan growth can be very strong and the banks where the deposit growth has been exceptional those are the banks that you need to really concentrate on.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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