Bank Deposits

Banks expect the RBI's FCNR(B) deposit scheme to attract major inflows from the Gulf, Singapore and Hong Kong, with mobilisation expected to accelerate in August

Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking

Banks have begun pricing in stronger liquidity conditions after RBI measures to attract foreign inflows, reducing funding pressures and lowering short-term borrowing costs

The central bank has temporarily withdrawn interest rate ceilings on select FCNR(B) and NRE deposits, giving banks greater flexibility to attract NRI funds

The Reserve Bank of India recently opened a window allowing banks differential interest rates on deposits, based on their LCR runoffs

Large-ticket deposits are gaining prominence as banks struggle to mobilise retail savings, increasing reliance on a small pool of high-value depositors

India's policy focus this week will be on forex reserves, banking deposit growth and high-level India-US talks amid global uncertainty and trade concerns

RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts

Banks report higher low-cost deposits in March quarter, but analysts caution the uptick is seasonal amid persistent competition and pressure on deposit mobilisation

Q4FY26 CD issuances hit Rs 5.27 trillion; FY26 at Rs 14 trillion, outstanding near Rs 7 trillion

Fortnightly issuance hits ₹1.34 trn; outstanding at record ₹6.62 trn

Bank credit rises 14.6% year-on-year in fortnight ended January 31, while deposit growth remains firm at 12.5%, RBI data show

Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent

The Chennai-based lender made Rs 2,909.73 crore in consolidated net profit in Q3 FY25

"The meeting, to be chaired by the Joint Secretary (banking) in DFS, will assess the status of unclaimed deposits transferred to the DEA Fund and the pace of claims settlement across banks

With small savings rates unchanged for the eighth straight quarter despite RBI cuts, banks face limited room to lower deposit rates amid slowing deposit growth and margin pressure

Over time, many recipients moved away or died, leaving heirs unaware that any assets were due

Only 3% of India's ₹67,000-crore unclaimed bank deposits have been returned so far under the Centre's 'Your Money, Your Right' campaign, highlighting the scale of idle savings

Outstanding CD issuance tops record ₹5.7 trn during the period

RBI pushed the amended credit information reporting directions to July 1, 2026 and eased reporting requirements after feedback, while also clarifying rules for BSBD accounts