Say Bye Bye to CASA

New norms by RBI will adversely impact the growth of Current Accounts, especially for small banks.

One reply on “Say Bye Bye to CASA”

Smacks of micro-management but the Banks brought it upon themselves. RBI has been crying hoarse for decades , asking banks to ensure end- use of funds, ensure that sales proceeds are touted only through lenders accounts etc. These are basics of banking that have been flouted all these years. I have no sympathy for bankers – if they behave like idiots then they deserve to be treated like one

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