Which of the following bank has topped the charts in terms of low cost current account and savings account ( CASA) deposits ?
May 30, 2023
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(a) Kotak Mahindra Bank
(b) Bank of Maharashtra
(c) IDBI Bank
(d) HDFC Bank
Ans.(b)
Sol. Bank of Maharashtra(BoM) had the highest CASA deposit growth rate of 53.38%, surpassing other banks such as IDBI Bank, Kotak Mahindra Bank, and State Bank of India.
