October 08, 2024 07:48 (IST)
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RBI Governor warns banks against growing gap between credit and deposit growth

RBI Governor warns banks against growing gap between credit and deposit growth

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned on Tuesday that Indian banks must closely monitor the widening gap between credit and deposit growth to prevent a potential structural liquidity issue.

Consumption-led lending continues to catalyse credit market growth

Consumption-led lending continues to catalyse credit market growth

Mumbai: Backed by consumption-led lending, growth momentum remains high in India’s credit market, according to the latest TransUnion CIBIL Credit Market Indicator (CMI) report.