Term deposits outpace CASA growth in Sept
Millennium Post Delhi|New Delhi 27November2024
Term deposits, which offer more attractive return, outpaced the growth in CASA (current account and savings account), and their share in total deposits rose to 61.4 per cent in September 2024 from 59.8 per cent a year ago, as per RBI data.

The Reserve Bank on Tuesday released Quarterly 'Basic Statistical Return' (BSR): Deposits with Scheduled Commercial Banks - September 2024.

"A substantial amount of deposits have shifted to higher interest rate bucket during the latest monetary policy tightening cycle; term deposits bearing over 7 per cent interest rate has increased to 68.8 per cent from 54.7 per cent a year ago," it said.

As per the BSR, bank deposits growth (y-o-y) at 11.7 per cent in September 2024 remained close to that in the previous quarter.

Deposits of all population groups (rural/semi-urban/urban/metropolitan) recorded double-digit annual growth.

Denne historien er fra New Delhi 27November2024-utgaven av Millennium Post Delhi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra New Delhi 27November2024-utgaven av Millennium Post Delhi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MILLENNIUM POST DELHISe alt
Millennium Post Delhi

Saqib recalls 'awkward' kiss with Randeep for Karan Johar's film

They played queer characters in the short of 'Bombay Talkies', directed by Karan Johar

time-read
1 min  |
New Delhi 29November2024
Millennium Post Delhi

Barry to portray Ringo Starr in Sam Mendes' Beatles film

British star Barry Keoghan will be essaying the role of Ringo Starr in filmmaker Sam Mendes' upcoming film, the \"Beatles\" drummer confirmed.

time-read
1 min  |
New Delhi 29November2024
James sheds light on why 'movies are suffering'
Millennium Post Delhi

James sheds light on why 'movies are suffering'

Gunn shed light on the current status of the 'DC Universe'

time-read
1 min  |
New Delhi 29November2024
Manoj Bajpayee talks about 'Despatch'
Millennium Post Delhi

Manoj Bajpayee talks about 'Despatch'

National Award-winning actor Manoj Bajpayee talked about working with filmmaker Kanu Behl, known for making movies such as 'Titli' and also about his film 'Despatch', which was played at the International Film Festival of India (IFFI) in Goa.

time-read
1 min  |
New Delhi 29November2024
Millennium Post Delhi

Mallika Sherawat gets candid about ageism in Bollywood

Mallika Sherawat, who gained prominence in the early 2000s with films like 'Murder' and 'Kis Kis Ki Kismat', has been taking on more projects recently. In a candid interaction, she opened up about ageism in the film industry and spoke about her decision to avoid plastic surgery.

time-read
1 min  |
New Delhi 29November2024
Saw innocence of his mother in him
Millennium Post Delhi

Saw innocence of his mother in him

SHOOJIT SIRCAR ON ABHISHEK BACHCHAN

time-read
2 mins  |
New Delhi 29November2024
Millennium Post Delhi

Grand Slam champion Iga Swiatek accepts one-month suspension

LONDON: Five-time Grand Slam champion Iga Swiatek accepted a one-month suspension after testing positive for the banned substance trimetazidine, a heart medication known as TMZ, the International Tennis Integrity Agency announced Thursday.

time-read
1 min  |
New Delhi 29November2024
Sindhu survives scare before entering QFs, Sen also in last-8
Millennium Post Delhi

Sindhu survives scare before entering QFs, Sen also in last-8

SYED MODI INTERNATIONAL

time-read
1 min  |
New Delhi 29November2024
Boris Singh's first half strike hands FC Goa 1-0 win over Kerala Blasters
Millennium Post Delhi

Boris Singh's first half strike hands FC Goa 1-0 win over Kerala Blasters

It was a cagey affair between the two teams, as neither was allowing an inch to the other

time-read
1 min  |
New Delhi 29November2024
Millennium Post Delhi

Competition Commission to probe Google for unfair biz ways on listing of real money gaming apps on Play Store

CCI has ordered detailed probe after finding that Google has violated Section 4 of Competition Act

time-read
1 min  |
New Delhi 29November2024