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More savers ditch bank deposits to flirt with equity

Indian banks face challenges as urban savers shift to Dalal Street instruments like mutual funds and stocks, causing a decline in low-cost current and savings account (CASA) deposits. Private sector banks are particularly affected, while public sector banks also face difficulties in attracting deposits from corporate and government accounts.
Dinesh Khara Madan Sabnavis Association Of Mutual Funds Dalal Street Mutual Funds Attractive Returns

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