Bank Deposits

FCNR(B) deposits accounted for $127.22 billion of the total inflows, while overseas foreign currency borrowings added $5.26 billion and ECBs $3.89 billion

Private banks' deposits grew 13.8% in June, outpacing PSBs at 10.3%, while bank credit surged 16.5%, widening the gap with deposit growth

Sashidhar Jagdishan's exit puts HDFC Bank's next leadership team under scrutiny as investors seek stronger growth, better lending mix and improved returns

Aggregate deposits decline by ₹6,534 crore and bank credit by ₹70,639 crore in the fortnight ended August 15; credit-deposit ratio moderates to 81.72 per cent

The credit-deposit growth gap widened to 5 per cent in July, prompting banks to rely more on certificates of deposit, money markets and domestic and overseas bonds

The current account deficit widened to $6.2 billion in June from a $1.2 billion surplus in June 2025, as the merchandise trade deficit increased to $30.2 billion from $19.2 billion

Forex booster gambit to end Aug 31, a month ahead of schedule

Aggregate deposits rose by Rs 6.61 trillion in the fortnight ended July 31, while bank credit growth accelerated to 19.3 per cent, its highest since May 2024

Banks sharply cut certificate of deposit issuances in July as strong FCNR(B) inflows under the RBI's swap scheme eased liquidity pressures and lowered funding costs

With a ₹40 trillion economy in sight, Uttar Pradesh is driving banking growth through rising deposits, credit expansion, financial inclusion and infrastructure-led investment

India's largest private lender reports gross advances of Rs 30.61 trillion and deposits of Rs 31.71 trillion at June-end, while CASA deposits decline sequentially

Crisil says banks continue to prioritise CASA mobilisation as credit growth outpaces deposits and competition for retail funds keeps funding costs under pressure

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The central bank has temporarily withdrawn interest rate ceilings on select FCNR(B) and NRE deposits, giving banks greater flexibility to attract NRI funds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