Why banks in India are facing difficulty in getting deposits?
Why the people keep money in Bank mainly for (i) Safe custody, (ii) Better return. Now it appears to public that all banks are not safe for keeping money for a long time. As such the investment in many banks is reduced. On the other hand for a better return, there are other avenues such as mutual Fund, Short term or long term Insurance, NSC, other postal facilities with better rate of interest, and Public Provident Funds etc.
Related Questions
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- Why banks in India are facing difficulty in getting deposits?
