Bank deposits grew by 10% in FY25, growth decline from 13% recorded in FY24: RBI Data

RBI data has revealed a slowdown in India's bank deposit growth to 10.6% in fiscal year 2025, compared to 13% in the previous year. Term deposits remain dominant, driven by attractive interest rates, particularly for maturities of one to three years. Households are the primary contributors, with metropolitan areas experiencing the highest deposit growth.