Deposit growth will soon outweigh credit growth: SBI Research

New Delhi [India] October 11 (ANI): The latest report by State Bank of India (SBI) research anticipates that soon deposit growth will outweigh credit growth.

"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6 May'22. This indicates that deposit growth will soon outweigh credit growth," said the report.

Notably, during the fortnig