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Icra sees deposit growth inching up to 10-11%  in FY17

Icra sees deposit growth inching up to 10-11% in FY17

 Rating agency Icra has said bank deposit is going to see a modest growth of 10-11 percent in 2016-17 helped by realignment of small savings schemes but warned that there could likely be some redemption pressure of FCNR-B deposits maturing later in the year.

High real interest rate causing lowering growth in banks

High real interest rate causing lowering growth in banks

High real interest rate is leading to lower deposit growth rate of the banks -- a trend which has been prevalent since late 2014, a SBI report has said.

SBI witnesses 60% rise in deposits as savers seek safe haven

State Bank of India has notched up nearly 60 percent uptick in deposits so far this fiscal, partly due to the flight of savings from ponzi and bogus schemes, many of which went belly up in recent months, its Chairman Pratip Chaudhuri has said.

StanChart Bank warns of further slip in deposit growth

An industry report has said the concerns about the falling deposit growth persist, and if the uptick falls below 16 percent, it is likely to put pressure on bank spreads in a falling rate environment.

SBI targets 25% deposit growth in 2012-13

The country's largest lender State Bank of India Saturday said it is targetting a growth of 25 percent in deposits and 22 percent in advances in the current fiscal.