Latest Expert Exchange Queries
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: due date for vat payment :: ACCOUNTING STANDARDS :: form 3cd :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: empanelment :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES
 
 
« Latest Circulars »
 Sovereign Gold Bond Scheme 2016 -17 - Series IV - Issue Price
 Master Direction – Money Transfer Service Scheme (MTSS)
 Payment Systems - Next Orbit (Shri R. Gandhi, Deputy Governor - February 20, 2017 - at the launch of Bharat QR Code at Hotel Trident, Mumbai)
 Financing MSMEs: Banks & FinTechs – Competition, Collaboration or Competitive Collaboration? (Shri S. S. Mundra, Deputy Governor – February 20, 2017 – at the NAMCABS Seminar organized by College of Agricultural Banking in Mumbai)
 Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors
 RBI-Formation of twenty one new districts in the State of Telangana - Assignment of Lead Bank Responsibility
 RBI imposes penalty on Janata Urban Co-operative Bank Ltd., Wai, District Satara
 Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List–M/s HDFC Bank Ltd.
 Reserve Bank of India seeks Comments on Draft Circular on Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions
 Forward Rate Agreement (FRA) and Interest Rate Swap (IRS) - Withdrawal of Fortnightly return
 RBI-Foreign Investments in India

RBI releases 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: March 2016'
June, 02nd 2016

The Reserve Bank of India released today Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) for quarter ended March 2016based on quarterly survey of SCBs including Regional Rural Banks (RRBs). It includes tabulations of deposits and credit according to states, districts, centres, population groups and bank groups. Further, State/UT and District wise time series data pertaining to aggregate deposits according to types of deposit (viz. Current deposit, Savings deposit and Term deposit) from March 2012 round onwards are also being released with this round of the survey. These statistics are available on dbie.rbi.org.in and can be directly accessed through the link http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3.

Highlights:

  • Growth of deposit and credit (y-o-y) declined to 8.6 per cent and 9.3 per cent respectively during 2015-16 from 10.7 per cent and 9.8 per cent respectively a year ago. The deceleration in deposits and credit during 2015-16 was broad based across all population groups.

  • Term deposit constituted the highest share (63.6 per cent) in aggregate deposits followed by saving deposit (27.4 per cent) and current deposit (9.1 per cent).

  • According to size of total business (deposits plus credit) of SCBs, seven states, viz., Maharashtra, NCT of Delhi, Tamil Nadu, Karnataka, Uttar Pradesh, West Bengal and Gujarat accounted for 68.6 per cent of the total business. Maharashtra alone contributed 25.7 per cent of the total. These seven states accounted for 65.7 per cent of deposits and 72.2 per cent of credit.

  • The all India credit-deposit (C-D) ratio stood at 77.9 per cent for the quarter. This ratio was the highest for Tamil Nadu (112.9 per cent) followed by Andhra Pradesh (104.5 per cent), Telangana (103.6 per cent), Maharashtra (102.7 per cent), Chandigarh (99.5 per cent), NCT of Delhi (99.4 per cent), and Dadra & Nagar Haveli (91.3 per cent).

  • Growth rates (y-o-y) for both deposits and credit declined for nationalised banks as compared to their levels a year ago. However these rates were higher for private sector banks and regional rural banks during the same period.

  • In terms of share, nationalised banks continued to maintain their dominant position contributing more than 45 per cent in both aggregate deposits as well gross bank credit of all SCBs. SBI and Associates and private sector banks had almost similar shares in the range of 21-24 per cent.

Sangeeta Das
Director

Press Release : 2015-2016/2784

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

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