New Delhi, Jan. 29 -- The Reserve Bank of India (RBI) should take further measures to boost liquidity says a report by the Union Bank of India.
The report said the gap between the credit and the deposit growth in the Indian banks has gone up over the last two months and it requires further liquidity boost by the central bank.
Highlighting the widening gap between credit and deposit growth, the report says that as of January 10, 2025 credit growth stood at 11.5 per cent, while deposit growth was lower at 10.8 per cent. This imbalance has increased the banking system's liquidity needs, as banks require more funds to meet the rising demand for loans.
It said "The gap that has emerged between credit and deposit growth in the last 1-2 month...
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