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Mumbai: The share of time deposits with interest rates above 7% fell sharply to 54% in the quarter ended September from 73% at the end of March, data released by the Reserve Bank of India showed. This reflects the transmission of the policy rate on liabilities, as the banking regulator cut the repo rate and […]
The share of term deposits in the total deposits rose in the first quarter of FY26, even when the share in the deposits of ‘households’ decreased years ago, according to RBI’s quarterly statistical returns from RBI. Term set positos registered a growth (year-on-year) of 13.5 percent, which considerably exceed the growth of saving deposits of […]
