A deposit crunch is underway as high loan demands force private banks to raise deposit interest rates, while fund managers moderate their market exposure due to profitability concerns.
1 report, 1 independent
Updated May 26
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What happened
A deposit crunch is underway as high loan demands force private banks to raise deposit interest rates, while fund managers moderate their market exposure due to profitability concerns.
How it developed
Newest first. Tap a step to see who reported it.- Bandhan Bank raised Fixed Deposit interest rates for seniors.Sub-event
- Persistent high rates are curbing financing demand, while relaxed leverage limits offer funding flexibility.Sub-event
Private banks face deposit crunch due to high loan demands, leading to rate hikes and fund manager caution.1 source