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CASA deposits increase 10.6 per cent year-on-year and 1.5 per cent quarter-on-quarter to Rs 5.30 lakh crore
Utkarsh Small Finance Bank reported a 55% year-on-year rise in Q2 FY27 disbursements to Rs 3,525 crore, driven by strong non-JLG loan growth. Deposits increased 7%, while CASA deposits rose 14%. The banks CASA ratio improved to 21.5%, indicating stronger low-cost deposit mobilisation despite overall funding growth…
Jefferies named ICICI Bank, SBI and Axis Bank as its top picks among financials, a day after the RBI raised the repo rate to 5.50%.