Banks’ CASA share slips as much as 700 bps in FY24 amid deposit stress, time period deposits surge
The share of present account (CA) and saving account (SA) deposits as a share of whole deposits fell for many banks throughout FY24, amid intensified strain for retail deposit mobilisation and elevated reliance on time period and bulk deposits. CASA ratio, or the share of low-cost CASA deposits, declined by 40-730 bps year-on-year for banks … Read more