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Tag: bank deposit

Banks, NBFCs post double digit loan growth in Q3

Banks, NBFCs post double digit loan growth in Q3

January 4, 2024January 4, 2024 · Banking

MUMBAI Banks, both public sector and private, continued to post robust double-digit loan growth of 11-23 per cent y-o-y in Q3 FY24, as per provisional figures declared by…

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Banks report robust credit, deposit growth in fortnight ended Aug 11

Banks report robust credit, deposit growth in fortnight ended Aug 11

August 23, 2023August 23, 2023 · Banking

Banks saw robust credit and deposit growth in the fortnight ended August 11, according to RBI data. Deposit growth, however, lagged credit growth during the reporting fortnight, probably…

Read more Banks report robust credit, deposit growth in fortnight ended Aug 11
Banks’ investment in G-Secs, SDLs surges over ₹1-lakh cr in first fortnight of CY23

Banks’ investment in G-Secs, SDLs surges over ₹1-lakh cr in first fortnight of CY23

January 28, 2023January 28, 2023 · Banking

Bank credit de-grew in the first fortnight of the new calendar year even as they stepped up investment in government securities and State Development Loans, according to Reserve…

Read more Banks’ investment in G-Secs, SDLs surges over ₹1-lakh cr in first fortnight of CY23
Bank credit gathers pace to touch a decadal high of 17.4 pc as on December 16: FSR

Bank credit gathers pace to touch a decadal high of 17.4 pc as on December 16: FSR

December 30, 2022December 30, 2022 · Banking

Banks’aggregate deposits recorded some moderation, growing at 9.4 per cent as on December 16, 2022 even as their credit growth touched a decadal high of 17.4 per cent…

Read more Bank credit gathers pace to touch a decadal high of 17.4 pc as on December 16: FSR
Deposits outpace credit growth after months

Deposits outpace credit growth after months

November 17, 2022November 17, 2022 · Banking

Incremental deposit growth outstripped credit growth for the first time in the last few months in the fortnight ended November 4 as banks aggressively raised deposit rates to…

Read more Deposits outpace credit growth after months
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