India’s Growing Pool of Unclaimed Money Across Banks, Insurance Companies and Investments
TL; DR: Unclaimed funds across banks, insurers, and investments have surged sharply in recent years.…
Browsing: RBI
UPI Leads Volumes, RTGS Leads Values as Digital Payments Mature
TL; DR: RBI’s latest Payments System Report shows India’s digital payments maturing. UPI leads in…
Gold Prices in India Surge 143% in 7 Years, Outpacing Global Market Trends
TL;DR: Gold prices in India have surged 143% in the last seven years, rising from…
₹16.35 lakh crore in NPAs Written off by Banks between 2014-15 & 2023-24
TL; DRBetween 2014-15 and 2023-24, banks in India wrote off ₹16.35 lakh crore in NPAs,…
Data: Total Outstanding Liabilities of State Governments Over ₹ 84 Lakh Crores or 29% of GSDP As of 2024
According to RBI data, the combined outstanding liabilities of all States stood at approximately ₹13…
Data: Complaints to Ombudsman About Banking Related ‘Loans & Advances’ More Than Tripled in Five Years
The Annual Report of the Ombudsman Scheme 2023-24 was released recently. Data indicates that banking-related…
Data: While Gross NPAs Reduced Further, Unclaimed Deposits Reached a New High as Per RBI’s Report on Banking for 2023-24
The RBI recently released the Report on Trend and Progress of Banking in India 2023-24…
Data: Ratio of Financial Liabilities to Assets of The Household Sector Crossed 50% in 2022-23
Every year, the RBI publishes a handbook of statistics on the Indian economy. One of…
Data: 10 Years of PMJDY – As Average Deposits Increase, Share of Inoperative & Zero Balance Accounts Reduces
The NDA government’s flagship financial inclusion scheme, the Pradhan Mantri Jan Dhan Yojana recently completed…
Data: Credit-Deposit Ratio (CDR) Reaches a High of 80% as RBI Governor Flags Concerns
With bank deposits on the decline, the Reserve Bank of India (RBI) is nudging banks…
