Q3 Business Update – https://www.bseindia.com/xml-data/corpfiling/AttachLive/5fdaa677-1a03-43f9-892e-18e224608a0b.pdf.
Deposits and advances growth remain strong, and CASA continues to fall. Increasingly, it looks like a lower NIM environment for most banks. Maybe a strong equity market correction is required to increase CASA balances.
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