Mid-sized private banks increase competition for deposits: Ind-Ra

The report pointed out that banks like IDFC First and Bandhan have strongly outpaced their larger peers in deposit growth year on year which has allowed them to improve their current and savings account (CASA) deposit ratio and competition for deposits could aggravate in case credit demand for long term capex picks up.

from Banking/Finance-Industry-Economic Times https://ift.tt/Kt6QAOV