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Economy News

The Economic Times

Economy / The Economic Times

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FCNR bounty in Q2 masks bank issues in growing deposits

An analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the special foreign currency inflows, domestic deposit growth was estimated at just 12.2%-a massive gap of nearly nine percentage points.

31 Oct 2026 12:40 am