Target News
Banks uncertain of meeting deposit growth target
Bankers indicated meeting the deposit mobilisation target would be difficult, as consumers were preferring competing savings options over bank deposits.
The Reserve Bank of India (RBI) has projected a growth of 15 per cent in deposits for 2012-13. On the credit side, the central bank has projected a growth of 17 per cent for this financial year.
Pratip Chaudhuri, chairman of State Bank of India (SBI),
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