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Bank deposits went up in line with credit growth in year to Nov

13 كانون الأول 2024
Indian banks saw a 10.6% rise in public deposits to ₹224.7 lakh crore between November 2023 and November 2024, matching the growth in credit. Both term and demand deposits achieved double-digit growth. This balanced growth follows regulatory concerns about potential overheating in retail credit, leading to a more sustainable credit-deposit ratio.

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