Rising funding costs weigh on private banks https://ift.tt/E1ormXd Kotak Mahindra Bank, the proportion of CASA deposits in total deposits fell to 52.8% from over 60% a year ago. Savings account deposits also declined 4% to ₹1.09 lakh crore from ₹1.14 lakh crore a year ago. For HDFC Bank, while time deposits expanded to ₹10.47 lakh crore of the overall deposits, the proportion of CASA deposits fell to 44.4% of the total deposits as on March 2023 versus 48.2% same period last year.
Sunday, April 30, 2023
Rising funding costs weigh on private banks
Subscribe to:
Post Comments (Atom)
-
BEIJING: A container port in China's eastern marine hub Ningbo has suspended operation after a member of staff tested positive for COVID...
-
Cryptocurrency, or "crypto" or "tokens", is all the rage right now. People are buying and using cryptos for varied purpo...
-
Amazon - New River, AZ - Warehouse and Shopper Team Members Location: Goodyear, Phoenix Job opportunities vary by location. We update postin...
No comments:
Post a Comment