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Октябрь
2024

Banks post higher Q2 deposit growth print than credit growth, reversing two year trend

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Several private sector banks in India saw deposit growth outpace credit growth in the September quarter. HDFC Bank, Yes Bank, and CSB Bank reported notable increases in their deposit bases. Meanwhile, non-bank lenders like Bajaj Finance and Mahindra Finance showed mixed results in asset management and loan disbursements.