20-April-2024
Banking
 
‘Indian banking system resilient thanks to strong deposit base’
22-Mar-2023

FIIs continue to exit India, having withdrawn close to $2.6 billion this year so far. Do you see any revival? Patil: We started the year with negative flows because valuations were relatively expensive for India compared to fellow emerging markets (EMs). And China, which had underperformed significantly over the last two years, was opening up. So, we saw some money shifting to the likes of China, Taiwan and South Korea.

News Source:- https://www.financialexpress.com/industry/banking-finance/indian-banking-system-resilient-thanks-to-strong-deposit-base/3018105/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org