Mumbai: Two of India’s largest banks—HDFC Bank and Bank of Baroda—reported sequential decline in loans and deposits in the June quarter of FY25, in what could be the beginning of a potential slowing down of…
Latest RBI data showed 58% of all floating rate loans were pegged to such external benchmark rates by the end of FY24, aiding transmission for millions of retail and small business borrowers. This is an…
MUMBAI : Banks in India struggled to attract deposits in 2023-24 even as credit growth turned stronger. Data from RBI showed the credit-deposit ratio at its highest in at least 20 years as loan offtake…
The shares, dividends, and debentures that have remained unclaimed for seven years or more get transferred to the Investor Education and Protection Fund (IEPF), a repository set up under the Companies Act of 1956. Deposits…
The rise in bank deposit growth to 13%, which is highest in 6 years, has lowered the gap with credit growth. However, with the Reserve Bank of India (RBI) maintaining liquidity tight, securing funds for…
Mutual funds’ debt assets under management (AUM) as a percentage of bank deposits have fallen in the last five years in the backdrop of banks attracting huge investments due to a rise in interest rates,…