Bank Deposits

Bankers said that, given the pressure on interest margins, many lenders have reduced dependence on high-cost bulk deposits and scaled down exposure to low-yielding credit to NBFCs

AIRBEA has cautioned that raising the deposit insurance cover would increase the premium burden on banks, which may not be fair for well-regulated commercial banks with low failure rates

More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised

Credit grew by 11.47 per cent Y-o-Y to Rs 178.01 trillion in the fortnight ending January 10, 2025

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Expectedly, urban households display a greater inclination to adapt their investment choices to dynamic economic conditions

Deposit growth of Indian banks had been lagging behind credit growth since the fortnight ending March 25, 2022

Investors may seek higher risk premium for increased regulatory risk

Banks have intensified efforts to strengthen their liability franchise

Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial years, a report said. Outstanding credit disbursed by Scheduled Commercial Banks (SCBs) was at the highest level in 2023-24 amounting to Rs 1,64,98,006 crore, whereas in percentage terms, the growth of Credit-to-Deposit(C-D) ratio rose from 75.8 per cent to 80.3 per cent, Infomerics Ratings said in a report. According to the RBI April 2024 Bulletin, during March 2024, the incremental Credit-Deposit Ratio(ICDR) remained around 95.94 per cent, whereas on March 8, 2024 this was at 92.95 per cent. It may be observed that there was a much higher growth of credit of the SCBs compared to the growth of deposits, even as per the Quarter-on-Quarter (QoQ) basis, it said. The growth of credit outpaced the growth of deposits during the period FY'19 to FY'24. Alternative investments and substantial cash holdings in the unorganized sector slowed deposit accumulation, particularly in rural ar

Industry lobby group IBA wants govt and RBI to intervene

Households still invested Rs 10 trillion in bank deposits and another Rs 2.5 trillion in small savings deposits out of this Rs 29.7 trillion pie, or 42%

Despite efforts to boost deposit growth, credit growth is outpacing deposits. Traditional strategies are not working. Are we missing the big picture?

Strategy makes up for imbalance in banks' deposit and credit growth

This nudge comes amid sluggish deposit growth, which has led to a widening gap between credit and deposit growth

44% of them expect to collect more than 50% of deposits through online modes

SBI's Amrit Vrishti offers 7.25% on deposits for 444 days

Credit up by 13.9% Y-o-Y as on Jun 28

Bank of Baroda posted faster growth in advances than in deposits. The loan book of the BoB grew by 1.73 per cent while deposits improved by 1.59 per cent, sequentially

Certificate of Deposit issuances in June at Rs 1.45 trillion, up 76% month-on-month