Thursday, December 6, 2012

Sluggish deposit growth means CRR cut’s on

....On an annualised basis, deposit growth has slowed down to 13.4% mid-November compared to 16.5% growth seen last year. Indranil Sen Gupta, economist with Bank of America Merrill Lynch, said deposit growth has begun to flounder at 13% levels with the Reserve Bank of India (RBI) delaying primary liquidity......

No comments: