Shift in Bank Deposits as Personal Loans Increase

Banks are changing where they keep their money and who they lend to.

Metro cities have a larger share of bank deposits than before, but their share in bank loans is decreasing.

Banks are lending more money to people for personal use.

More people are moving from big cities to smaller towns, leading to an increase in bank deposits there too.

Overall, banks are trying to spread their money around more evenly, which is good for those regions.