I write and podcast on economics, finance & current affairs 🎉 You can support by buying a coffee ☕️ here — https://t.co/bG6j43mfy7

Iran's Hormuz Gamble: How The Geopolitical Chokepoint Is Fueling A New Global Oil Shock | @Swap_Kar writes https://t.co/3AvUaFqdht

India-UAE-Russia: New Geopolitical Triangle In The Making | The Reason Why #NDTVProfitOpinion by @Swap_Kar https://t.co/UxUGEtgjJ0

Life was just simpler when pressing power button would actually turn off the phone. Why the hell #GoogleAssistant or #siri pops up? @Android @AppleSupport #TechStruggles #FirstWorldProblems #google #apple #phones

Seeing it as a competition with mutual funds and stock markets misses this part of the story. Slower deposit growth is the symptom, not the cause. Raising deposit rates will not give sustainable growth of deposits. Read more @NDTVProfit - https://t.co/IRJSXGaOKM (11/11)

This chart below highlights what has changed in the last few years. In short - Deposits peaked in FY24 due to booming credit and strong FX inflows. They slowed in FY25 and remained steady in FY26 because those factors weakened. (10/11)

In simple terms, deposits increase when banks lend more, foreign funds flow in, or less money is withdrawn. They decline when credit growth slows, forex inflows decrease, banks reserve more funds, or people hold more cash outside banks. (9/11)

Here's an equation one can get after doing some math: Deposits = Net Credit to Government + Credit to Commercial Sector + Net FX Assets − Net Non-Monetary Liabilities − Currency with Public (8/11)

Yes, the type of deposit changes - from say, fixed deposits to current account. But overall deposits remain unchanged. Now, there are a few factors that impact deposit growth. This can be derived from M3 (broad money supply) formula. (7/11)

Unless you or the seller transfer it from broker's account to respective bank accounts and withdraws cash, that money is still in the form of deposit somewhere in the banking system. So, no! If someone buys mutual fund and stocks, doesn't mean banks lose deposits. (6/11)

It is usually in the form of current account or escrow account which the broker cannot touch. Assuming you initiate a trade - you bought Rs. 1 lakh worth shares. That money is now with the seller's broker account. The money is still in the system. (5/11)

So, let's clear the misconception first. When people buy stocks instead of renewing their fixed deposits, the funds don't leave the banking system. If u trf in your trading account n didn't buy anything, that money is with your broker's account maintained at a bank. (4/11)

We see so many bankers talking about how they might raise deposit rates or how there is a competition among banks for getting the biggest pie from the shrinking pool of deposits. If they raise rates, that will impact monetary transmission. (3/11)

Unfortunately, this is totally wrong perception. When you misdiagnose, you find wrong cures whose side effects might be more dangerous than the initial symptoms. That's what is happening in the banking system at the moment. (2/11)

Banks Getting It All Wrong About Deposit Growth There is a common perception that people are not depositing enough in banks as they are diverting their funds to stock markets and mutual funds. And that has led to lower deposit growth in the banking system. (1/11)

Beyond GDP: Better Measurement Needed To Measure Real Costs Of Growth — The Reason Why #NDTVProfitOpinion by @Swap_Kar https://t.co/UKetbaa34N

That's why gold, especially physical gold, matters. Don't believe anyone who says that govt should mometize people's gold. #gold #iran

Budget Itself Not Catalyst For Corporate Bond Issuances | The Reason Why #NDTVProfitOpinion by @Swap_Kar https://t.co/X0XUcPfgi2

India-US Trade Deal: We Should Worry About The Fine-Print Devil Now | The Reason Why #NDTVProfitOpinion by @Swap_Kar https://t.co/wzrFDIUz2f

Trump Accounts Is Wealth Experiment, Not Social Policy | The Reason Why #NDTVProfitOpinion by @Swap_Kar https://t.co/Lh8Bu8PSqn

Bond Markets, RBI Moves And The Liquidity Paradox Shaping India's Economy | The Reason Why #NDTVProfitOpinion by @Swap_Kar