Bank Deposit Growth
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Bank Credit Growth Accelerates To 17.2% In July-September: RBI
"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.
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RBI Governor To Meet CEOs Of Banks Tomorrow; To Discuss Slow Deposit Growth
Reserve Bank Governor Shaktikanta Das will hold a meeting with chief executive officers (CEOs) of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand.
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State Bank Of India Sees Loan Growth Staying Robust After Record Profit
State Bank of India (SBI), the country's largest lender, expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector.
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Indian Banks Look For Bulk Deposits On Strong Credit Growth Amid Tight Liquidity
Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong.
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Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
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Bank Of Maharashtra's Gross Advances Rose To Rs 1.29 lakh Crore In December 2021
Bank of Maharashtra on Tuesday said it has registered over 23 per cent growth in gross advances to Rs 1,29,052 crore at the end of December 2021
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HDFC Bank Gains After Reporting Loan Growth Of 14% In June Quarter
HDFC Bank's portfolio of retail loans grew by 9 per cent annually while commercial and rural banking loans grew by around 25 per cent on an annual basis.
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Increase In Household Debt Stress Is Worrying, Says SBI Report
The second Covid-19 wave resulted in significant deposit outflows from banking system, whose pace has now again moderated, a SBI report has noted.
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Bank Credit Growth Slows To 5.6% In March: Reserve Bank Of India
The central bank said that share of current account and savings account (CASA) deposits in total deposits increased to 44.1 per cent in March from 42.1 per cent a year ago.
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Credit Growth Of Banks At 6.6% In February, Lending Stronger Than Last Year: Report
The bank credit growth increased to 6.6 per cent in February, higher than 6.4 per cent recorded in the same month last year, returning to the levels observed in the early months of COVID-19
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Bandhan Bank Rises Over 3% On Growth In Advances
Bandhan Bank: The bank's total deposits during the quarter increased by 30 per cent to Rs 71,188 crore as against Rs 54,908 crore in corresponding period last year, the lender said in a statement to the stock exchanges.
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Credit Growth Of Banks Rose Marginally In Near Term: Report
The bank credit growth has also been supported by disbursements under the ECLGS scheme which has been extended further till March 31, 202
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Credit Growth Of Banks Remains Flat In Near Term: Report
Bank credit growth was also supported by disbursements under the emergency credit line guarantee scheme which has been extended further till March 31, 2021
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HDFC Bank Profit Rises Nearly 33% To Rs 7,416 Crore In December Quarter On Higher Income Growth
Net interest income (NII), or the difference between interest earned on loans and that paid on deposits, grew 12.6 per cent from Rs 12,576 crore to Rs 14,172.90 crore, driven by a 19.9 per cent increase in advances and 25.5 per cent in deposits, HDFC Bank said in a statement.
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Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19, Says RBI
The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Reserve Bank of India (RBI) data published in Handbook of Statistics on Indian Economy 2018-19. On the other hand, foreign banks had a share of Rs 58,630 crore in terms of savings deposits in the same fiscal, the d...
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Bank Credit Growth Accelerates To 17.2% In July-September: RBI
"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.
-
RBI Governor To Meet CEOs Of Banks Tomorrow; To Discuss Slow Deposit Growth
Reserve Bank Governor Shaktikanta Das will hold a meeting with chief executive officers (CEOs) of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand.
-
State Bank Of India Sees Loan Growth Staying Robust After Record Profit
State Bank of India (SBI), the country's largest lender, expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector.
-
Indian Banks Look For Bulk Deposits On Strong Credit Growth Amid Tight Liquidity
Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong.
-
Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
-
Bank Of Maharashtra's Gross Advances Rose To Rs 1.29 lakh Crore In December 2021
Bank of Maharashtra on Tuesday said it has registered over 23 per cent growth in gross advances to Rs 1,29,052 crore at the end of December 2021
-
HDFC Bank Gains After Reporting Loan Growth Of 14% In June Quarter
HDFC Bank's portfolio of retail loans grew by 9 per cent annually while commercial and rural banking loans grew by around 25 per cent on an annual basis.
-
Increase In Household Debt Stress Is Worrying, Says SBI Report
The second Covid-19 wave resulted in significant deposit outflows from banking system, whose pace has now again moderated, a SBI report has noted.
-
Bank Credit Growth Slows To 5.6% In March: Reserve Bank Of India
The central bank said that share of current account and savings account (CASA) deposits in total deposits increased to 44.1 per cent in March from 42.1 per cent a year ago.
-
Credit Growth Of Banks At 6.6% In February, Lending Stronger Than Last Year: Report
The bank credit growth increased to 6.6 per cent in February, higher than 6.4 per cent recorded in the same month last year, returning to the levels observed in the early months of COVID-19
-
Bandhan Bank Rises Over 3% On Growth In Advances
Bandhan Bank: The bank's total deposits during the quarter increased by 30 per cent to Rs 71,188 crore as against Rs 54,908 crore in corresponding period last year, the lender said in a statement to the stock exchanges.
-
Credit Growth Of Banks Rose Marginally In Near Term: Report
The bank credit growth has also been supported by disbursements under the ECLGS scheme which has been extended further till March 31, 202
-
Credit Growth Of Banks Remains Flat In Near Term: Report
Bank credit growth was also supported by disbursements under the emergency credit line guarantee scheme which has been extended further till March 31, 2021
-
HDFC Bank Profit Rises Nearly 33% To Rs 7,416 Crore In December Quarter On Higher Income Growth
Net interest income (NII), or the difference between interest earned on loans and that paid on deposits, grew 12.6 per cent from Rs 12,576 crore to Rs 14,172.90 crore, driven by a 19.9 per cent increase in advances and 25.5 per cent in deposits, HDFC Bank said in a statement.
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Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19, Says RBI
The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Reserve Bank of India (RBI) data published in Handbook of Statistics on Indian Economy 2018-19. On the other hand, foreign banks had a share of Rs 58,630 crore in terms of savings deposits in the same fiscal, the d...
