Indian banks better off than American, European peers3 min read 20 Mar 2023, 08:10 PM IST
One crucial factor seen as a safeguard against a scenario of a liquidity crunch is the composition of deposits.
In a collateral damage of sorts, turbulence in the US and European banking sector has led to a negative rub-off effect on Indian banking stocks. In March so far, the Nifty Bank index has slid 3.3%. Even before the Silicon Valley Bank (SVB) crisis erupted, the index was trading on a weak note.
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