Tag: Deposit growth

Explained | RBI’s concerns on slow deposit growth 

Explained | RBI’s concerns on slow deposit growth 

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The RBI logo | Photo Credit: Getty Images The story so far: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of India (RBI), met MD and CEOs of public and certain private sector banks on November 16. Acknowledging the role played by private commercial banks in […]

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Bank credit growth accelerates to 14.2% in June quarter

Bank credit growth accelerates to 14.2% in June quarter

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Bank credit growth accelerated to 14.2% in the quarter ended June 2022 from 6% in the same period of the previous year, RBI data showed on Thursday. In the quarter ended March 2022, bank credit had expanded by 10.8%. The Reserve Bank of India (RBI) on Thursday released the ‘Quarterly Statistics on Deposits and Credit […]

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