"bank-deposits"

SBI Research said FCNR-B inflows of $13-14 billion could raise bank deposit growth to 15% in FY27, narrowing the credit-deposit gap. Despite strong lending growth, Indian banks remain well-capitalised with low NPAs, supported by consumption, infrastructure and investment demand

While financialisation is strengthening capital markets, it is weakening low-cost deposit base that has long sustained bank lending and profitability

Advances grew by Rs. 39,227 crore to touch Rs 6,09,645 crore.

Bank deposits rose 8.5 per cent to Rs 147.27 lakh crore in the April-December 2020 period as against an increase of 5.1 per cent a year ago