Branches in metropolitan areas, which constituted the dominant share in deposits, recorded 11.7 per cent annual growth in March 2025
FinTech BizNews Service
Mumbai, May 30, 2025: Today, the Reserve Bank released1 the web publication ‘Deposits with Scheduled Commercial Banks2 – March 20253’ on its ‘Database on Indian Economy’ portal4 (https://data.rbi.org.in Homepage > Publications).
Scheduled commercial banks (SCBs) (including regional rural banks) report branch-wise data on type of deposits (current, savings and term), its institutional sector wise ownership, age wise distribution of deposits pertaining to individuals, maturity pattern of term deposits as well as number of employees in the annual ‘Basic Statistical Return’ (BSR) - 2 return. These data are released at disaggregated level (viz., type of deposits, population groups5, bank groups, states, districts, centres, interest rate ranges, size, original and residual maturity).
Highlights:
Bank deposits grew (y-o-y) by 10.6 per cent during FY 2024-25 as compared to 13.0 per cent, net of merger, in the previous year (Chart I).
Household sector6 accounted for the largest share of SCB’s deposits at 60.2 per cent; the share of female depositors was 20.7 per cent in March 2025 (Chart II).
Branches in metropolitan areas, which constituted the dominant share in deposits, recorded 11.7 per cent annual growth in March 2025; whereas rural, semi-urban and urban centres registered 10.1 per cent, 8.9 per cent, and 9.3 per cent annual growth, respectively.
The higher returns on term deposits led to higher accretion in such deposits as compared to other type of deposits; the share of saving deposits declined to 29.1 per cent in March 2025 as compared to 30.8 per cent a year ago and 33.0 per cent two years ago.
Nearly 68.4 per cent of term deposits were having the original maturity of one to three as on March 2025.
The share of term deposits bearing interest rate of ‘7 per cent and above’ increased and stood at 72.7 per cent in March 2025 as compared to 64.2 per cent a year ago and 33.5 per cent two years ago.
The share of term deposits of size ‘Rs. one crore and above’ increased to 45.1 per cent in March 2025 from 43.7 per cent in March 2024.
The share of senior citizens’ deposits was 20.2 per cent of total deposits as on March 2025.
