Banks tap costly funds as credit outpaces deposits

Recent Views 7 MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6% of total deposits, the highest in a decade, reflecting a widening structural gap between asset creation and liability mobilisation.The Indian banking system…

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‘Spectacular win’: PM Modi congratulates Indian women’s team for ODI World Cup victory; praises exceptional teamwork and tenacity | India News

Recent Views 6 NEW DELHI: Prime Minister Narendra Modi on Sunday congratulated the Indian women’s cricket team for their “spectacular win” in the ICC Women’s Cricket World Cup 2025 final. In a post on X, PM Modi said the players displayed “great skill and confidence” and praised their “exceptional teamwork and tenacity” throughout the tournament….

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