DEPOSIT GROWTH

Federal Bank led in gross loan expansion with a 20% year-on-year increase to Rs 2.24 lakh crore by June's end. Meanwhile, CSB Bank recorded the highest deposit growth among Kerala-based lenders, marking a 22.4% rise to Rs 29,920 crore. Other banks l...

The meeting addressed various banking challenges including credit-deposit ratio, cybersecurity, and digital frauds. Governor Das emphasized the need for robust cybersecurity controls and customer awareness initiatives to curb digital frauds.

Retail lending growth slows in Q4 FY24, while bank lending to NBFCs moderates. The share of bank lending to NBFCs decreases, indicating a shift towards balanced credit practices for financial stability.

Non-resident deposits in India are growing steadily due to various positive factors, including the impact of the pandemic on savings patterns and stable remittances. Factors such as interest rates and exchange rates have made NRI deposits more rewar...

During the month a bigger chunk was garnered under the NRE (RA) with deposits worth $583 million, while $483 million flows were in FCNR(B) scheme. In addition to these two schemes, NRIs also park funds in NRO or non-resident ordinary deposit schemes...

Scheduled Commercial Banks (SCBs) in India saw a significant 19.3% year-on-year credit growth in the last quarter of FY24, translating to an expansion of ₹26.6 lakh crore, reaching ₹164.3 lakh crore in total credit. This surge was driven by personal...

Indian banks have significantly strengthened their position after enduring government scrutiny and bad loan challenges, according to CLSA. Balance sheets are robust, with profits quadrupling in a decade, and return on equity is at its highest since ...

The country's largest lender also said the RBI may start easing the interest rate cycle from the third quarter of the current financial year. Last week, the Reserve Bank of India (RBI) left its key interest rates unchanged for the eighth time in a r...

At the system level, the share of low cost CASA- Current and Savings Accounts - deposits have dipped 271 basis points ( one bps is 0.01 percent) bps year-on-year in Q4 of FY’2023-24 . This means that banks need to focus on CASA for improving margins...

Deposit growth had fallen from a peak of 18% in fiscal ended March 2020 to 10% in March 2022 as savers looked for better returns after a sharp fall in deposit rates due to the extraordinary interest rate cuts by RBI post-Covid. Though subsequent rat...

Banks are seeking innovative solutions to rebalance their credit-deposit ratio, with RBI suggesting a review of business strategies. Credit growth is expected to slow down, impacting banks' loan-deposit ratios.

Banks' deposit growth in FY24 was well below the rise in credit, forcing them to meet the funding gap through higher-cost Certificates of Deposit (CDs). Banks have made representations to senior government officials flagging the slowdown in deposits.

RBI warns banks about high credit-deposit ratio, urges balance in assets and liabilities without specifying an ideal ratio. CD ratio at 80%, near decade high, reflects slower deposit growth compared to credit growth.

The Credit to Deposit (CD) ratio of commercial banks fell by 50 basis points since March, signaling a potential slowdown in credit growth due to slower deposit growth. As the RBI maintains current rates, deposit rates are unlikely to rise, possibly ...

The credit-to-deposit ratio (CD ratio) of commercial banks has decreased by 50 bps since March, indicating a slowdown in credit growth due to slower deposit growth. Despite expectations of stable rates and stagnant deposit rates, there may be furthe...

JM Financial believes that there could be de-rating of SBI's valuations due to macro risks. In view of recent market volatility, SBI gives the analysts confidence on the back of its strong liability franchise.

The Reserve Bank of India (RBI) advises banks to reduce dependence on wholesale deposits and manage risks from loans and trading amid fluctuating interest rates. Regulatory measures to curb consumer lending and diversify deposit sources are emphasiz...

Bank of Maharashtra, a state-owned lender, demonstrated impressive growth in total business and deposit mobilization during the last fiscal year, outperforming many public sector banks struggling to achieve double-digit growth. With a 15.94% rise in...

Without naming Go First, its Chief Executive and Managing Director Debadatta Chand said the bank recognised an aviation account with a Rs 1,700-crore exposure as a non-performing asset during the quarter, and also decided to provide for it fully wit...