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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.


January 2017 Current affairs
17 JAN
NEWS
16 JAN
NEWS
13 JAN
NEWS
12 JAN
NEWS
11 JAN
NEWS
10 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS




November 2016 Current affairs
30 NOV
NEWS
29 NOV
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28 NOV
NEWS
26 NOV
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25 NOV
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24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
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26 OCT
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25 OCT
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24 OCT
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22 OCT
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September 2016 Current affairs
30 SEP
NEWS
29 SEP
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28 SEP
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27 SEP
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26 SEP
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