Liquidity tightness has pushed up deposit costs, could impact lending: IndusInd Bank
By Ira Dugal | Published On: February 22, 2013 16:12 (IST) | Duration: 8 min, 16 sec
Bank credit growth continues to remain sluggish, says Romesh Sobti, MD and CEO of IndusInd Bank. He, however, says that IndusInd Bank continues to see strong growth in its portfolio. Mr Sobti adds that liquidity tightness has pushed up deposit costs again, which could put pressure on bank lending margins.
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