WHAT IS CASA?
CASA
CASA stands for Current Account Saving Account. This is a unique feature which banks offer to their customers to make them keep their money in their banks. The account combines the benefits of savings account and checking accounts.
The account pays negligible or no interest on the current account and an above-average return on the savings accounts. CASA is mostly popular in the West and Southeast Asia.
CASA NEWS
-
Bandhan Bank collection efficiency rises to 98% at end of Dec 2022
Collection efficiency ratio of private lender Bandhan Bank increased to 98 per cent at the end of December 2022 from 95 per cent ...| January 09, 2023, Monday -
State Bank is changing its business model, quietly
Going beyond corporate loans, SBI is getting into vendor financing as well as supply chain and cluster financing, the buzzwords ...| January 08, 2023, Sunday -
Valuation gap with peers is expected to narrow for Axis Bank
It is leveraging the digital ecosystem, focusing on acquisition of corporate salary accounts, and also cross-selling products to ...| December 21, 2022, Wednesday -
The battle for deposits will intensify
The challenge before the banking system is how to keep the net interest margin healthy in a rising interest rate cycle| October 30, 2022, Sunday -
After a good ride, tide turns for low-cost CASA in September quarter
The share of CASA saw a slight rise to 56.27 per cent in September 2022 from 56.08 per cent in June 2022 and 53.91 per cent a ...| October 26, 2022, Wednesday
