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In the First, Bank deposits cross Rs 100 lakh crore

In the First, Bank deposits cross Rs 100 lakh crore
17 October 2016 Current Affairs: According to the data released by the RBI ,India’ banking system reported total deposits of Rs 100 lakh crore for the first time ever in September month of this year. 

With demand deposits crossing Rs10 lakh crore and time deposits crossing the Rs 90 lakh crore mark, the month saw the highest-ever monthly rise of Rs 5.32 lakh crore  more than the total deposits in the banking sector 20 years back. 

Banks’ deposits grew at a CAGR (compound annual growth rate) of 12.88% in the last five years, they had grown at a CAGR of 19.9% in the previous five years.


March 2017 Current affairs
25 MAR
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24 MAR
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23 MAR
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22 MAR
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21 MAR
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20 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
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25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
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December 2016 Current affairs
31 DEC
NEWS
30 DEC
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29 DEC
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28 DEC
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27 DEC
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26 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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26 NOV
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25 NOV
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