PK Gupta of SBI & Tanvee Gupta Jain of UBS on household financial savings
Deposit growth in India has been poor, household savings are stagnant and the credit-deposit ratio is high. So are banks turning away borrowers and is the liquidity crunch still serious? PK Gupta, MD of State Bank of India and Tanvee Gupta Jain, chief India economist of UBS Securities India gave their take.