Banking systems driven by investment options: SBI chairman

Quick Summary:

SBI Chairman CS Setty highlighted the shift in investment trends, attributing it to improved ease of business and digitalization.

He acknowledged that banks haven't prioritized deposit mobilization adequately in recent years.

Despite this, Setty expressed optimism about the future of bank deposits, anticipating their resurgence as income levels rise.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: SBI chairman Bank deposits Investment opportunities CS Setty Banking sector transformation Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 01:11:47 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 645 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23668046

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Official Website: timesofindia.indiatimes.com

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