Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: TDS :: form 3cd :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ACCOUNTING STANDARDS :: empanelment :: cpt :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD
 
 
« Latest Circulars »
 RBI to conduct 7 day Variable rate Reverse Repo auctions under LAF on August 21, 2017
 Resolution of Stressed Assets: Towards the Endgame (Urjit R. Patel, Governor - August 19, 2017 - Inaugural Session of the “National Conference on Insolvency and Bankruptcy: Changing Paradigm”, Mumbai)
 Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL)
  Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI-Core Banking Solution (CBS) Requirements for Urban Co-operative Banks (UCBs)
 RBI-Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18
 Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI releases Data on India’s International Trade in Services: June 2017
 RBI-Reserve Bank Commercial Paper Directions, 2017
  RBI announces OMO Sale of Government of India Dated Securities
 Risk Management and Interbank Dealings- Reports to the Reserve Bank

Reserve Bank of India releases the Annual Report of the Banking Ombudsman Scheme 2006: 2014-15
November, 26th 2015

The Reserve Bank of India today released the web publication ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs)’ as on the last Friday of the quarter ending September 2015 (i.e. September 25, 2015). The publication can be accessed at http://dbie.rbi.org.in/ through the linkhttp://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3. The web publication covers the data reported by all Scheduled Commercial Banks (SCBs), including Regional Rural Banks (RRBs) through a quarterly survey. This data is classified according to states, districts, centres, population groups and bank groups.

Highlights:

  • Growth in aggregate deposits and gross bank credit decelerated to 10.2 per cent and 8.9 per cent, respectively, in September 2015 from 12.3 per cent and 9.5 per cent, respectively, a year ago. The deceleration was generally broad based across population groups except for (a) constant deposits growth in semi-urban areas, and (b) accelerated growth in gross bank credit in urban areas.

  • According to size of total business (aggregate deposits plus gross bank credit) of SCBs, seven states, viz., Maharashtra, NCT of Delhi, Tamil Nadu, Karnataka, Uttar Pradesh, West Bengal and Gujarat accounted for 68.1 per cent of the total business. Maharashtra alone contributed 25.1 per cent in the total business. These seven states accounted for 65.8 per cent of aggregate deposits and 71.2 per cent of gross bank credit.

  • The all India credit-deposit (C-D) ratio was 75.0 per cent as on September 25, 2015. This ratio was the highest for Chandigarh (120.9 per cent) followed by Tamil Nadu (115.0 per cent), Telangana (103.3 per cent), Andhra Pradesh (103.1 per cent), Maharashtra (93.8 per cent), NCT of Delhi (91.4 per cent), and Rajasthan (84.7 per cent).

  • The y-o-y growth in both aggregate deposits as well as gross bank credit was higher in September 2015 than a year ago for SBI and associates, RRBs and private sector banks. However, when compared with the preceding quarters, the growth in aggregate deposits of public sector banks (SBI and associates, and nationalised banks) was lower.

  • Nationalised banks continued to maintain their dominant position contributing around half of both the aggregate deposits as well as gross bank credit of all SCBs. SBI and associates and private sector banks had almost similar shares in the range of 20-23 per cent for both aggregate deposits and gross bank credit.

Sangeeta Das
Director

Press Release : 2015-2016/1244

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions