A different thought/ pov trying to connect a few things:
Maybe HDFC bank’s deposits growth slowing down not to be attributed to its large size?
Or even Merger?
The last couple of quarters has seen a phenomenon interest towards Equity Markets. It’s obvious to all – there is data on increase in no of DMAT, MF SIP, IPO craze etc.
Can it be co-related to cultural shift from FDs to Equity?
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