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
Latest Expert Exchange
Latest Circulars »
 RBI launches Quarterly Order Books, Inventories and Capacity Utilisation Survey: January-March 2018 (Round 41)
 It is not Business as Usual for Lenders and Borrowers (N. S. Vishwanathan, Deputy Governor, Reserve Bank of India – April 18, 2018 – Speech Delivered at National Institute of Bank Management, Pune on Fourteenth Convocation)
 RBI clarifies that there is no currency shortage
 Auction for Sale (Re-issue) of Government Stock (GS) April 16, 2018
 RBI-Auction of Government of India Dated Securities April 16, 2018
 Sovereign Gold Bond Scheme 2018 -19-Series-I
 RBI-Sovereign Gold Bond Scheme 2018-19 Series-I, Operational Guidelines
  RBI-Interest rates for Small Savings Schemes
 Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs)
 Revised General Notification for Sale of Government of India Treasury Bills/ Cash Management Bill by Auction
 Media interaction with RBI top management from 2.45 pm to 3.05 pm on Thursday, April 05, 2018

RBI releases 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: June 2016'
August, 31st 2016

The Reserve Bank of India released today Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) as on June 24, 2016. The data are based on quarterly survey of SCBs including Regional Rural Banks (RRBs) and include data on deposits (type of deposit also) and credit according to states, districts, centres, population groups and bank groups. The data are available on dbie.rbi.org.in and can be directly accessed through the linkhttp://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3.

Highlights:

  • Aggregate deposits and gross bank credit increased (Y-O-Y) by 9.2 percent and 9.4 per cent in June 2016 as compared to an increase of 10.6 percent and 8.6 per cent, respectively, a year ago.

  • Y-O-Y growth in credit increased for State Bank of India and its associates, private banks and Regional Rural Banks during the reference quarter as compared to their levels a year ago.

  • The deceleration in the growth of deposits was broad-based across all population groups, mainly contributed by the public sector banks. However, these banks continued to maintain their dominating position by accounting for 70 per cent of total deposits.

  • Term deposits constituted the highest share (65.5 per cent) in aggregate deposits followed by saving deposits (27.2 per cent) and current deposits (7.3 per cent).

  • According to the 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 per cent of the total business. Maharashtra alone contributed 25 per cent of the total. These seven States together accounted for 66 per cent of deposits and 72 per cent of credit, at all-India level.

  • At all-India level the C-D ratio of all SCBs stood at 75.9 per cent as on June 24, 2016. Among the 36 States/Union Territories, 6 States/ Union Territories had C-D ratios higher than the all-India level. The C-D ratio was the highest for Tamil Nadu (113.2 per cent) followed by Chandigarh (104.3 per cent), Andhra Pradesh (104.0 per cent), Telangana (102.2 per cent), Maharashtra (99.9 per cent) and NCT of Delhi (91.6 per cent) while the C-D ratio for public sector banks was at 72.5 per cent, it stood at more than 80 per cent for private sector and foreign banks.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/537

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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