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Top News In Anand Dama Today - Breaking & Trending Today

Banks facing challenges in raising low cost deposits as people seek better returns

Indians traditionally have been savers and parking money in bank deposits has been among the top go to avenues. But, that seems to be changing with people chasing better returns and turning to investing in equity markets and mutual funds among other things, which perhaps is making it harder for banks to get in more deposits ....

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Top banks increase loan write-offs in September quarter

Moneycontrol s analysis of data from 14 banks shows that five of the seven top lenders which have declared their quarterly results posted a higher level of write-offs compared to the previous a year. Banks may now start working on maintaining business flows, experts say ....

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