CASA deposits

Low CASA share might curb home fundraising efforts of banks by way of excessive value funding choices: RBI bulletin

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The low share of low-cost present account and financial savings account (CASA) deposits in whole deposits might curb home fundraising efforts of banks by way of high-cost funding choices, going ahead, as a result of a possible squeeze on banks’ internet margins, based on RBI Staffers. Additionally learn: Meals inflation can’t be tolerated in setting … Read more

Federal Financial institution Q1 FY25: logs 20.1% development in gross advances

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Federal Financial institutionhas reported a 20.1 per cent year-on-year (yoy) development in gross advances and 19.6 per cent yoy development in whole deposits within the first quarter (Q1) of FY25. As on June-end 2024, the Ernakulam (Kerala) headquartered non-public sector financial institution’s gross advances stood at ₹2,24,139 crore (₹1,86,593 crore as on June-end 2023), per … Read more