Banking sector — TheSpuzz

Conundrum of the credit-deposit ratio: Understanding RBI’s concerns

Conundrum of the credit-deposit ratio: Understanding RBI’s concerns

TheSpuzz Desk2 months ago08 mins

Source: Business Standard 4 min read Last Updated : Sep 10 2024 | 7:11 PM IST The Reserve Bank of India (RBI) has been repeatedly raising alarm about the widening gap between non-food credit growth and deposit growth in the banking sector, which raised the credit-deposit (CD) ratio to 78.1 per cent (80.3 per…

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Banks to set up a Unified Recovery Interface to enhance efficiency

Banks to set up a Unified Recovery Interface to enhance efficiency

TheSpuzz Desk3 months ago04 mins

Source: Business Standard 2 min read Last Updated : Sep 06 2024 | 8:43 PM IST Eying benefits from digital banking, banks are now looking at building Unified Recovery Interface (UPI) for enhancing efficiency, reducing costs and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company…

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