Latest Expert Exchange Queries

Make 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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TDS :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: VAT RATES :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: form 3cd :: cpt
 
 
Latest Circulars »
  Master Direction - Lending to Micro, Small & Medium Enterprises (MSME) Sector
 Auction of Government of India Dated Securities July 24, 2017
 RBI to conduct 7 day Variable Rate Reverse Repo Auction under LAF on July 24, 2017
 Results of Underwriting Auctions Conducted on July 20, 2017
 Master Circular – Detection and Impounding of Counterfeit Notes
 Monitoring of Foreign Investment under PIS in Indian Companies – M/s The Byke Hospitality Limited - 1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% Removal from the FIIs/ FPIs Caution List
 RBI's Monthly Bulletin for July 2017
 Financial Action Task Force (FATF) Public Statement dated June 23, 2017
 All-India House Price Index (HPI) recorded marginal increase in Q4:2016-17
 Auction of Government of India Dated Securities July 17, 2017
 RBI-Interest rates for Small Savings Schemes

RBI releases the Monthly Bulletin for February 2016
February, 11th 2016

The Reserve Bank of India today released the February 2016 issue of its monthly Bulletin. The Bulletin includes the Sixth Bi-monthly Monetary Policy Statement, 2015-16; Speeches by the Top Management and Current Statistics. This issue also includes two articles: (1) Performance of Private Corporate Business Sector during First Half of 2015-16; and (2) Composition and Ownership Pattern of Deposits with Scheduled Commercial Banks: March 2015.

1. Performance of Private Corporate Business Sector during First Half of 2015-16

This article analyses the performance of the private (non-financial) corporate business sector during the first half (April-September) of 2015-16, based on earnings results of 2,846 listed companies. Other important financial statements have also been referred. The article provides a brief analysis by sectors and major industry groups. It also captures the trend in sales, expenditure and profit margins of the private corporate sector over a longer horizon.

Main Findings:

  • Sales: Sales of 2,846 listed companies of the private corporate sector contracted during H1: 2015-16.

  • Profits: EBITDA (Earnings before Interest, Tax, Depreciation and Ammortisation) or operating profits and EBIT (Earnings before Interest and Tax) showed substantial positive growth at the aggregate level from the levels recorded in H2:2014-15. Net profits showed minor contraction in the current half year at (-) 0.7 per cent (Y-o-Y) as against that of (-) 21.0 per cent observed in H2:2014-15.

  • Profitability: EBITDA and Net Profit margins recorded improvement over the previous six half-year periods indicating a revival in profitability. Increase in EBITDA margin despite deceleration/contraction in sales was common in most major industry groups.

  • Industry: The Iron & Steel and the Textile industries have recorded significant contraction in sales growth.

  • Risk Profile: Half-yearly statement of asset and liabilities indicated a rise in tail risk in corporate leverage.

2. Composition and Ownership Pattern of Deposits with Scheduled Commercial Banks: March 2015

This article presents the changes in composition of deposits with Scheduled Commercial Banks (SCBs) according to institutional ownership (viz., households, government, non-financial private corporate, financial, and foreign sectors), type of deposits, population groups, bank groups and states/union territories (UTs) in March 2015.

Highlights:

  • Growth in total deposits decelerated to 10.4 per cent in March 2015 from 13.8 per cent in the previous year with savings deposits recording merely 7.7 per cent growth.

  • Non-financial private corporate sector recorded sizeable growth in bank deposits following two successive years of contraction. Nevertheless, the households sector’s share in total deposits maintained an upward trend.

  • Composition of total deposits is gradually shifting more towards higher interest bearing term deposits, more so in the urban and metropolitan areas. Overall, term deposits constituted 65.1 per cent of total deposits, followed by savings deposits at 25.6 per cent.

  • Share of metropolitan branches in total deposits has been declining since 2010, while those of rural, semi-urban, and urban branches have correspondingly risen.

  • Public sector banks through their large branch network held the largest share (73.2 per cent) of the total deposits in March 2015, garnering around 90 per cent of government deposits and more than three-fourth of households’ deposits.

  • Deposits mobilised by SCBs were highly concentrated with seven states/UTs comprising 66.2 per cent of total deposits.

Sangeeta Das
Director

Press Release : 2015-2016/1895

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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