NEWS & ADVICE : PERSONAL LOAN
RBI stressed due to high rates of credit in banking
By Neelima Shankar
Oct 11, 2013
Print    Email    RSS   

The RBI has expressed its worry over the increasing rate of loans in the banking system as there is an increasing proportion of bank loan to deposits. While speaking at the Kotak Mahindra Bank’s financial inclusion function in Gujarat, KC Chakrabarty, the Deputy Governor of RBI said that there is an increasing rate of bank loans when comparing to their deposit rates. He also said that if the banks fail to take steps in increasing the deposits they may not be capable to develop their loans.

He as well stressed banks, the necessity to maintain a maximum of 4 % of their deposits in the cash reserve ratio form with the RBI and another 25 % of their deposits in management bonds. This allows banks to have below 75 percent of their deposits for lending.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
A chronicle of excesses by loan recovery...
Know about Form 16
Carnival of Indian Personal Finance Blogs #3
Credit profile and its effect on loan...
Carnival of Indian Personal Finance Blogs #1


My monthly salary 11000 and i want personal loan...
i want to check my loan balance in canara bank my...
i want to check my loan balance in canara bank my...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan
i need my personal loan track statement

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive