Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Latest Circulars »
Open DEMAT Account in 24 hrs
 Auction of State Government Securities Feb 23, 2024
 RBI imposes monetary penalty on The Adinath Co-Operative Bank Limited, Dist. Surat, Gujarat
 The Relevance of SEACEN in a Turbulent World (Closing remarks by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - February 15, 2024 - at the 59th SEACEN Governors' Conference
  Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024
 Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - HCBL Co-operative Bank Ltd., Lucknow (U.P.)
 Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024
 Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District Extension of Period
 Reserve Bank of India (Government Securities Lending) Directions, 2023
 Building resilient brand India amidst global uncertainty (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - December 28, 2023 - at the 10th SBI Banking and Economic Conclave in Mumbai)
 Trade Credit for imports into India Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS)
 Minutes of the Monetary Policy Committee Meeting, December 6 to 8, 2023

RBI releases 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: March 2016'
June, 02nd 2016

The Reserve Bank of India released today Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) for quarter ended March 2016based on quarterly survey of SCBs including Regional Rural Banks (RRBs). It includes tabulations of deposits and credit according to states, districts, centres, population groups and bank groups. Further, State/UT and District wise time series data pertaining to aggregate deposits according to types of deposit (viz. Current deposit, Savings deposit and Term deposit) from March 2012 round onwards are also being released with this round of the survey. These statistics are available on dbie.rbi.org.in and can be directly accessed through the link http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3.

Highlights:

  • Growth of deposit and credit (y-o-y) declined to 8.6 per cent and 9.3 per cent respectively during 2015-16 from 10.7 per cent and 9.8 per cent respectively a year ago. The deceleration in deposits and credit during 2015-16 was broad based across all population groups.

  • Term deposit constituted the highest share (63.6 per cent) in aggregate deposits followed by saving deposit (27.4 per cent) and current deposit (9.1 per cent).

  • According to size of total business (deposits plus credit) of SCBs, seven states, viz., Maharashtra, NCT of Delhi, Tamil Nadu, Karnataka, Uttar Pradesh, West Bengal and Gujarat accounted for 68.6 per cent of the total business. Maharashtra alone contributed 25.7 per cent of the total. These seven states accounted for 65.7 per cent of deposits and 72.2 per cent of credit.

  • The all India credit-deposit (C-D) ratio stood at 77.9 per cent for the quarter. This ratio was the highest for Tamil Nadu (112.9 per cent) followed by Andhra Pradesh (104.5 per cent), Telangana (103.6 per cent), Maharashtra (102.7 per cent), Chandigarh (99.5 per cent), NCT of Delhi (99.4 per cent), and Dadra & Nagar Haveli (91.3 per cent).

  • Growth rates (y-o-y) for both deposits and credit declined for nationalised banks as compared to their levels a year ago. However these rates were higher for private sector banks and regional rural banks during the same period.

  • In terms of share, nationalised banks continued to maintain their dominant position contributing more than 45 per cent in both aggregate deposits as well gross bank credit of all SCBs. SBI and Associates and private sector banks had almost similar shares in the range of 21-24 per cent.

Sangeeta Das
Director

Press Release : 2015-2016/2784

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting