Business Standard

Banking on the budget with no surprises

The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as there were few avenues to lend, anyway

Illustration
Premium

Madan Sabnavis
The Union Budget may not have much to talk about on what could be called clichéd subjects such as bank capitalisation, the bad bank or even a DFI (development finance institution). So, what is it that banks will be looking out for in tomorrow’s Budget?

It will be related more to business where banks’ strategies will be built, based on what can be taken from the budgetary numbers. A bank’s business revolves around two pivots — credit and deposits; and they would be looking for signals on these.

The overall state of the economy and growth assumed will be important, as this
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 31 2022 | 12:02 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com