Friday, November 18, 2022

Banks prefer to give loans now than buy bonds

Data from the Reserve Bank of India (RBI) showed that the investments to deposits ratio is now closer to 29% compared with a recent peak of 30% recorded in August indicating that banks have started shifting their deposits to higher yielding loans as credit demand picks up.

from Banking/Finance-Industry-Economic Times https://ift.tt/kcMef17

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