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Wednesday, November 27, 2024

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Term deposits growth

Term Deposits Outpace CASA Growth In September

26 Nov 2024

In a notable shift in the banking sector, term deposits have outpaced the growth of CASA (Current Account and Savings Account) deposits, with their share in total deposits rising to 61.4% in September 2024, up from 59.8% a year earlier, according to the latest data released by the Reserve Bank...