SBI Chairman Dinesh Kumar Khara predicts a return of retail deposits to banks due to regulatory crackdowns on derivative trading. Regulatory bodies, particularly SEBI, are discouraging retail participation in futures and options (F&O) trading after significant losses reported by investors. With a new seven-point plan to curb such trades and budget measures reducing speculative activities, Khara anticipates increased deposit growth. This shift is crucial as deposit growth has lagged behind credit expansion, affecting economic growth. SBI aims for a 15% credit growth and 8-10% deposit growth in FY25.
India Grapples with “Strait” Jacket: Fuel Hikes and Gold Taxes Hit Home
As the sun sets over Mumbai this Friday, May 15, 2026, a sense of "belt-tightening" has permeated the national conversation. India is currently caught in a pincer move of geopolitical instability and domestic economic corrections, with the fallout of the West Asia...
