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RBI Governor to meet with bank CEOs to discuss sustainability and sluggish deposit growth

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  • On Wednesday, the CEOs of public sector banks will meet with RBI Governor Shaktikanta Das to discuss sustainability, including pricing and the slow growth of deposits.
  • A review of digital banking units’ operations will also be conducted.
  • According to RBI data, loan offtake increased by 17.9% as opposed to 6.5%, while deposits increased by 9.6% year over year compared to 10.2%.

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