2025 India deposit growth projected at 11.2% y/y, down from 13.8% in 2024, amid expected lower repo rates to combat inflation.
A B&K Securities report forecasts India's deposit growth will decelerate to 11.2% year-over-year in fiscal year 2025, down from 13.8% in 2024. The Reserve Bank of India is anticipated to lower the repo rate by 25 basis points in December 2024, with an additional 50 basis points cut in 2025 to combat inflation. The report also notes sufficient bank liquidity, with a loan-to-deposit ratio of 79%, and the introduction of loan repricing based on External Benchmark Lending Rates in the coming years.
September 09, 2024
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