Higher current and savings accounts, credit-deposit ratio helped private banks

Higher current and savings accounts, credit-deposit ratio helped private banks 

Banking sector asset growth has slowed down in the past few years as bankers have turned cautious on asset quality concerns. But among various bank groups, private sector banks have managed to earn better returns on assets and equity compared to their public sector peers. 

An analysis of various parameters indicates that private sector banks have been more successful in raising low-cost funds, that is demand deposits in their current and savings accounts, or CASA. 

Source:Economic Times