Can Economic Growth Mask a Hidden Worry for Indian Banks? Falling CASA in a Booming Economy
The bad side of SOLID SIP INFLOWS
The Indian economy is on fire. GDP growth projections hover near 7%, foreign investment is pouring in, and business confidence is skyrocketing. Yet, amidst this optimistic buzz, a subtle concern whispers within the banking industry: the declining Current Account Savings Account (CASA) ratios. While economic boomtimes are traditionally associated with healthy bank performances, this particular phenomenon could spell trouble for Indian banks in the long run