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UCO Bank hopes to reduce NPAs further

Last Updated: Thursday, March 20, 2014, 20:42

State-owned UCO Bank was expecting to reduce NPAs further in the coming quarters from the present levels, CMD of the bank Arun Kaul said.

Banks' loans, deposits grow slower so far Vs RBI's FY14 estimate

Last Updated: Wednesday, October 16, 2013, 19:04

Banks' loan and deposit growth has been slower so far in the current fiscal year than the Reserve Bank of India's full-year projection, according to data released by the central bank.

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

Last Updated: Thursday, June 13, 2013, 14:21

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.

SBI aims for 25% deposit growth in 2013-14 fiscal

Last Updated: Sunday, May 19, 2013, 11:54

State Bank of India is projecting a deposit growth of 25 percent during the current fiscal compared to 14.85 percent in 2012-13.

StanChart Bank warns of further slip in deposit growth

Last Updated: Sunday, April 22, 2012, 15:25

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

Last Updated: Saturday, April 21, 2012, 17:30

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.

High inflation slows rate of deposit growth in banks

Last Updated: Thursday, April 05, 2012, 19:42

High inflation has slowed down the pace of deposit growth for the banking sector which has fallen short of Reserve Bank estimates of 17 percent, aggravating the liquidity position in the system.