Business Standard

Bank Deposits

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

Net growth in deposits higher than advances by Rs 5.68 trn between 2020-24
Updated On : 04 Dec 2024 | 7:49 PM IST

Bank deposit growth may struggle to keep pace with credit momentum: S&P

Investors may seek higher risk premium for increased regulatory risk

Bank deposit growth may struggle to keep pace with credit momentum: S&P
Updated On : 14 Nov 2024 | 7:21 PM IST

Banks' credit-deposit ratio on downward trend, at 79.5% on Sept 20

Banks have intensified efforts to strengthen their liability franchise

Banks' credit-deposit ratio on downward trend, at 79.5% on Sept 20
Updated On : 08 Nov 2024 | 5:19 AM IST

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

Banks struggling to mobilise large deposits; C-D ratio rises to 80%: Report
Updated On : 27 Sep 2024 | 8:45 PM IST

Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds

Industry lobby group IBA wants govt and RBI to intervene

Deposit mobilisation: Banks seek level playing field vis-a-vis mutual funds
Updated On : 05 Sep 2024 | 8:33 PM IST

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%

The untold story of bank deposits
Updated On : 19 Aug 2024 | 10:41 PM IST

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?

Bank deposits: Barking up the wrong tree?
Updated On : 11 Aug 2024 | 5:09 PM IST

Banks' certificates of deposit fund-mop up more than triples in country

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

Banks' certificates of deposit fund-mop up more than triples in country
Updated On : 09 Aug 2024 | 6:13 AM IST

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

Banks should offer innovative products, services to garner deposits: Das
Updated On : 08 Aug 2024 | 8:23 PM IST

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

Lenders expect spurt in digital lending, deposit mobilisation in 5 years
Updated On : 02 Aug 2024 | 11:26 AM IST

State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits

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

State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits
Updated On : 16 Jul 2024 | 8:03 PM IST
Updated On : 11 Jul 2024 | 10:48 PM IST

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

Q1 FY25 business update of banks: Deposits grew slower than loans
Updated On : 08 Jul 2024 | 10:56 PM IST

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

Commercial banks mobilise Rs 1.45 trn via certificates of deposits in June
Updated On : 01 Jul 2024 | 11:47 PM IST

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

SBI expects 14-15% credit growth in current fiscal, says Chairman Khara
Updated On : 17 Jun 2024 | 11:02 PM IST

Unclaimed deposits with banks rise 26% to Rs 78,213 crore: RBI report

Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released on Thursday. The amount with the Depositor Education and Awareness Fund stood at Rs 62,225 crore at the end of March 2023. Banks including cooperative banks transfer unclaimed deposits of account holders lying in their accounts for 10 or more years to RBI's Depositor Education and Awareness (DEA) Fund. As a measure to assist the account holders and with a view to consolidating and rationalising the extant instructions on inoperative accounts, the Reserve Bank issued a comprehensive guidelines earlier this year on the measures to be put in place by the banks covering various aspects of classifying accounts and deposits as inoperative accounts and unclaimed deposits, as the case may be. The RBI advised banks for a periodic review of such accounts, measures to prevent fraud in such accounts, grievance redress mechanism for ...

Unclaimed deposits with banks rise 26% to Rs 78,213 crore: RBI report
Updated On : 30 May 2024 | 1:37 PM IST

Battle for short term money likely to turn more intense in March

Mobilisation of funds via certificates of deposit increased 3x in February

Battle for short term money likely to turn more intense in March
Updated On : 04 Mar 2024 | 11:23 PM IST

Rising interest rates prompting more people to go in for term deposits

Their share in total deposits increased to 20.6 per cent in December 2023 from 20.2 per cent in September 2023

Rising interest rates prompting more people to go in for term deposits
Updated On : 03 Mar 2024 | 11:58 PM IST

RBI restricts Paytm Payments Bank from fresh deposits, credit transactions

An audit report revealed "persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action," the central bank said in a release

RBI restricts Paytm Payments Bank from fresh deposits, credit transactions
Updated On : 31 Jan 2024 | 5:15 PM IST

Global watchdog to report in October on how social media fuels bank runs

A U.S. regulator last week called for new liquidity rules to cope with outflows over five days

Global watchdog to report in October on how social media fuels bank runs
Updated On : 22 Jan 2024 | 10:20 PM IST