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Q. |
CASA is basically the combination of Current account and saving account deposits with a Bank. Why do the Banks put greater emphasis on mobilizing a high CASA ratio? |
A. | In order to fulfill RBI stipulation for it |
B. | It helps reduction in average cost of funds |
C. | These are stable deposits |
D. | These help Banks maintain a healthy asset- liability ratio |
E. | None of the Above |
Answer» B. It helps reduction in average cost of funds |
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