US EditionBank deposits grew by 10% in FY25, growth decline from 13% recorded in FY24: RBI Data - IndiaPost NewsPaper
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Bank deposits grew by 10% in FY25, growth decline from 13% recorded in FY24: RBI Data - IndiaPost NewsPaper
NEW DELHI: The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data released by the Reserve Bank of India (RBI). Despite the slower growth, the overall deposit base remains strong. Term deposits continued to make up the largest share of total deposits, accounting for 59.5 per cent as of March 2025. This was slight…
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