The Centre is likely to ask PSBs to identify geographical areas with the most unclaimed deposits, set quarterly settlement targets at the branch level, and develop a standard operating procedure (SoP) to achieve the target
2 min read24 Apr 2025India’s deposit insurance scheme offers wide coverage by number, but not by value—leaving large depositors at risk. With household savings rising, is the RBI’s safety net still fit for purpose?
3 min read22 Apr 2025While Indian banks have improved capital adequacy and asset quality, deposit growth remains a challenge. Experts suggest incentives for retail deposits and a focus on consumption to boost liquidity, alongside a push for financial sector growth to align with the Viksit Bharat vision.
2 min read27 Jan 2025The panel discussed banks’ widening credit-deposit ratio, rupee depreciation, and changing investment prefereances at the at the 17th edition of the Mint Annual BFSI Summit.
3 min read17 Jan 2025When seen on a full-year basis, higher fresh deposits compared to loans in 2024 has pushed the incremental CD ratio to 89.5%, as against 94% in 2023. The CD ratio indicates how much of a bank’s deposit base is being utilized for loans.
4 min read15 Jan 2025Public policy needs to be viewed from the lens of those it’s ostensibly designed to serve: the people. Research shows only a few items form their view of inflation, for example, but which?
4 min read2 Jan 2025They should treat depositors as business partners if they are to garner sufficient low-cost deposits for lending. Financial repression is not sustainable and could structurally warp the Indian banking system.
4 min read30 Dec 2024The amendments of Indian banking laws passed by the Lok Sabha are welcome, but this sector needs a structural shift. Much more credit must go to small needy businesses, while big firms raise funds by issuing bonds. This reformist agenda is crying out for action.
2 min read5 Dec 2024As banks close branches, many are ditching a traditional service that they consider to be outdated.
1 min read15 Nov 2024The infusion of technology will help IEPF meet its target of clearing refund claims within 60 days of receiving a verification report on the investor’s claim and the relevant documents from the company concerned
3 min read11 Nov 2024