Bank Deposits

Datanomics: Unclaimed bank deposits more than double in five years

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

Banks step up borrowing via CDs amid deposit tightness; raise ₹77,875 cr

Outstanding CD issuance tops record ₹5.7 trn during the period

RBI defers credit information reporting norms for CICs to July 1, 2026

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

Are banks still seeing a seasonality factor in deposits and credit?

The popular view is that the second half of the year sees a bump in credit on account of the festive and wedding seasons. We examine if the data backs up this perception

RBI to launch deposit tokenisation pilot on October 8: Details here

The Reserve Bank of India will launch a deposit tokenisation pilot on October 8 using its wholesale CBDC as the base layer to test blockchain-backed digital settlements across banks

Lower CASA ratios, declining FDS raise deposit stability concerns for bank

A "structural shift" in deposit composition due to a decline in fixed deposits and lower share of current and savings accounts (Casa) balances poses challenges to banks over the medium to long term, rating agency Crisil said on Friday. This comes amid concerns in some quarters over the increased preference for capital market investments by households looking for higher yields, while others believe the shift is representative of the maturing profile of the system. "Two key trends, a decline in household contribution to term deposits and a lower Casa ratio, indicate a structural shift in deposit composition. And these may pose challenges to deposit stability and impact funding costs over the medium to long term, particularly during periods of tight liquidity," the rating agency said in a note Housheholds accounted for 60 per cent of the deposit base in March 2025 as against 64 per cent in March 2020, Crisil said, adding that besides growth in deposits, composition of the base is also

RBI to introduce risk-based deposit insurance premiums, says Malhotra

RBI Governor Sanjay Malhotra unveiled 22 steps to strengthen banking resilience, simplify forex rules, enhance credit flow, and push rupee internationalisation alongside deposit insurance reforms

PSBs' share in household deposits falls to 63%, private banks gain ground

The rise of small finance banks has also added to the competitive intensity, suggesting that private sector players will likely continue to expand their share in the market

Mutual fund assets surge to nearly one-third of the bank deposits

The MF assets under management (AUM) at Rs 72.2 trillion is almost a third of the total bank deposits of Rs 232 trillion in May 2025

Safe deposits: Time to substantially increase insurance cover limit

Since policymakers are still in the process of increasing the limit, they would do well to take into account factors such as the rapid adoption of technology among customers

Tamilnad Mercantile Bank Q4 results: Net profit up by 15% to ₹292 crore

The bank's deposits increased to Rs 53,689 crore, up from Rs 49,515 crore last fiscal

Name-based search: Key to unlocking unclaimed assets across sectors

A dedicated authority - focused on returning these assets - would be better positioned to overcome the psychological resistance that regulators have, to enabling searches based on names

IndusInd Bank's retail & small biz deposits decline by Rs 3.5k cr in Q4

Advances contract by Rs 19,000 cr in Q4 but increased 1.4% Y-o-Y

Finance ministry asks banks to work on deposit mobilisation strategies

The meeting was chaired by the Department of Financial Services (DFS) Secretary M Nagaraju with the PSB chiefs and select private sector banks

PNB, CSB and several banks see credit growth outpace deposits in Q4

Sequentially, advances grew 2.4 per cent, while deposits grew by 1.7 per cent, the bank said in its quarterly update

IndusInd Bank raises $2 billion in higher-cost bulk deposits in March

The discrepancies have led to concerns over governance at the bank and the appointment of Grant Thornton to conduct a forensic review into the accounting lapses

Banks cut high-cost deposits, low-yielding loans to protect margins

Bankers said that, given the pressure on interest margins, many lenders have reduced dependence on high-cost bulk deposits and scaled down exposure to low-yielding credit to NBFCs

Raise deposit insurance cover to Rs 10L: All India Reserve Bank staff body

AIRBEA has cautioned that raising the deposit insurance cover would increase the premium burden on banks, which may not be fair for well-regulated commercial banks with low failure rates

Customer service, higher interest rates to drive pvt banks' deposit growth

More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised

Bank deposits grow 10.83% to Rs 221.50 trn, show steady improvement in Jan

Credit grew by 11.47 per cent Y-o-Y to Rs 178.01 trillion in the fortnight ending January 10, 2025