Deposit growth will soon outweigh credit growth: SBI Research

Oct 11, 2024

"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6...

Sitharaman asks public sector banks to work on deposit mobilisation

Aug 19, 2024

During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth has picked up, mobilisation of deposits could further...

RBI appoints R Lakshmi Kanth Rao as new Executive Director

May 11, 2024

As Executive Director, Rao will look after Deposit lnsurance and Credit Guarantee Corporation, Right to lnformation Act (FAA), Department of Communication.

Even with potential cut in repo rate, bank deposit rates unlikely to be lowered: Report

Oct 16, 2024

A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are...

Deposit growth of banks will pick up from coming quarters: Axis Securities

Aug 20, 2024

The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said...

Parliament passes Deposit Insurance and Credit Guarantee Corporation Amendment Bill

Aug 09, 2021

New Delhi [India], August 10 : The Lok Sabha on Monday passed a bill that provides account holders security of their money by...