In banking, CASA stands for:
- A.Current Account and Savings Account
- B.Capital Asset and Security Account
- C.Cash and Savings Allocation
- D.Credit Account and Settlement Agreement
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CASA is the combined balance a bank holds in the current accounts and the savings accounts of its customers. These are the cheapest deposits a bank can have, because a current account pays no interest at all and a savings account pays very little, unlike a fixed deposit.
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