Discouraging retail play in F&O may help boost bank deposits: SBI Chairman Khara

SBI's Chairman Dinesh Kumar Khara stated that discouraging retail investors from derivative market bets might help banks secure more deposits. Regulatory actions, including adjustments to capital gains, and SEBI's measures addressing losses in derivative trades, aim to curb speculative activities. Despite setbacks, SBI targets 15% credit growth and 8% deposit growth in fiscal year 2025.

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