Bank Deposits
Raise deposit insurance cover to Rs 10L: All India Reserve Bank staff body
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
Customer service, higher interest rates to drive pvt banks' deposit growth
More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised
Bank deposits grow 10.83% to Rs 221.50 trn, show steady improvement in Jan
Credit grew by 11.47 per cent Y-o-Y to Rs 178.01 trillion in the fortnight ending January 10, 2025
Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore
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
Risk appetite: How Indians are diversifying their savings portfolios
Expectedly, urban households display a greater inclination to adapt their investment choices to dynamic economic conditions
Net growth in deposits higher than advances by Rs 5.68 trn between 2020-24
Deposit growth of Indian banks had been lagging behind credit growth since the fortnight ending March 25, 2022
Bank deposit growth may struggle to keep pace with credit momentum: S&P
Investors may seek higher risk premium for increased regulatory risk
Banks' credit-deposit ratio on downward trend, at 79.5% on Sept 20
Banks have intensified efforts to strengthen their liability franchise
Banks struggling to mobilise large deposits; C-D ratio rises to 80%: Report
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
Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds
Industry lobby group IBA wants govt and RBI to intervene
The untold story of bank deposits
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%
Bank deposits: Barking up the wrong tree?
Despite efforts to boost deposit growth, credit growth is outpacing deposits. Traditional strategies are not working. Are we missing the big picture?
Banks' certificates of deposit fund-mop up more than triples in country
Strategy makes up for imbalance in banks' deposit and credit growth
Banks should offer innovative products, services to garner deposits: Das
This nudge comes amid sluggish deposit growth, which has led to a widening gap between credit and deposit growth
Lenders expect spurt in digital lending, deposit mobilisation in 5 years
44% of them expect to collect more than 50% of deposits through online modes
State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits
SBI's Amrit Vrishti offers 7.25% on deposits for 444 days
Banks' deposit growth dips to 10.6%; credit growth at 13.9% as on June 28
Credit up by 13.9% Y-o-Y as on Jun 28
Q1 FY25 business update of banks: Deposits grew slower than loans
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
Commercial banks mobilise Rs 1.45 trn via certificates of deposits in June
Certificate of Deposit issuances in June at Rs 1.45 trillion, up 76% month-on-month
SBI expects 14-15% credit growth in current fiscal, says Chairman Khara
Given the current economic growth rate, SBI is expecting 14-15 per cent loan growth during the fiscal year 2024-25, the bank's chairman Dinesh Kumar Khara said. "Normally the way we look at it is that the GDP growth rate plus inflation and 2-3 per cent over that. That gives us the number around 14 per cent or so," Khara told PTI in an interview. "Hence, 14-15 per cent credit growth depends upon the opportunities available for lending, and it meets our risk appetite. We will be happy to grow at this pace," he said. As far as deposits are concerned, he said, it grew by 11 per cent last year. "And we have some elbow room available in terms of excess SLR and which ensures that we don't have any pressure on us to raise the deposit rates for supporting our loan-to-deposit ratio," he said. The bank has an excess Statutory Liquidity Ratio (SLR) between Rs 3.5 lakh crore and Rs 4 lakh crore. "Incidentally, I may add here that our loan-to-deposit ratio is around 68-69 per cent only. That l
