HomeAI · summaries
Storia in 2 fonti
Deposit rates rise as banks fight for funds
Banks increased fresh term deposit rates in June, led by private lenders. The average domestic term deposit rate rose to 5.99% for scheduled commercial banks. Private banks saw a significant 27 basis point increase in their deposit rates. Public sector banks also raised rates by 7 basis points. Their average deposit rate remained higher than private sector offerings.
Confronto fonti
2 prospettive sulla stessa storiaTimeline cronologica
- ·
thehindubusinessline.com
Banks gradually increasing interest rates on fresh term deposits and loans
Banks are raising interest rates on term deposits and loans due to increasing credit demand amid a growing growth gap.
- ·
economictimes.indiatimes.com
Deposit rates rise as banks fight for funds
Banks increased fresh term deposit rates in June, led by private lenders. The average domestic term deposit rate rose to 5.99% for scheduled commercial banks. Private banks saw…