MILAN, April 29 : Smaller Italian banks have increased reliance on funding they raise abroad through online deposit platforms, the Bank of Italy said on Wednesday, as regulators step up monitoring of the practice.  Online deposits allow banks to raise retail deposits digitally, often on a cross‑border basis, by giving savers access to deposit accounts offered by multiple banks through a single interface. The March 2023 banking turmoil, where rapid online deposit outflows led to the collapse of

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