Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
SMBC-Backed Yes Bank Sees Indians Tip-Toeing Back to Deposits. |
| Συγγραφείς: |
Nayak, Siddhi (AUTHOR) |
| Πηγή: |
Bloomberg.com. 6/11/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Bank deposits, *Banking industry, *Stock funds, *Economic trends, *Loans, *Retail banking |
| Εταιρία/Οντότητα: |
YES Bank Ltd. |
| Περίληψη: |
The article focuses on the shifting savings behavior of Indian households, who are increasingly considering moving funds from equities to fixed bank deposits amid weak stock markets and geopolitical concerns. Vinay Tonse, CEO of Yes Bank Ltd.—India’s sixth-largest private sector lender backed by Sumitomo Mitsui Banking Corp. (SMBC)—noted rising inquiries about fixed deposits, which could help banks meet credit demand amid intense competition. Despite recent strong growth in bank credit and deposits, equity mutual fund inflows have declined, influenced by factors such as high stock valuations and global economic pressures. Yes Bank is leveraging its extensive branch network and partnership with SMBC to expand retail deposits and lending, while adjusting deposit rates to manage funding costs. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |