As of the fourth quarter of fiscal year 2020, 53 percent of the deposits at the State Bank of India were term deposits. Due to its high-interest yielding nature, this was the most popular form of deposits across Indian banks.
The State Bank of India is a public sector banking and financial services statutory body, headquartered in Mumbai. Also known as SBI, the bank was ranked in the Fortune Global 500 list of the world's biggest corporations of 2018.
Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020
Data from Q1 FY 2018 includes loans advanced by State Bank of India along with its associate banks and the Bharatiya Mahila Bank.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
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HDFC Securities. (June 19, 2020). Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020 [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/
HDFC Securities. "Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020." Chart. June 19, 2020. Statista. Accessed October 09, 2024. https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/
HDFC Securities. (2020). Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020. Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/
HDFC Securities. "Share of Term Deposits at State Bank of India from 4th Quarter of Financial Year 2016 to 2020." Statista, Statista Inc., 19 Jun 2020, https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/
HDFC Securities, Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020 Statista, https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/ (last visited October 09, 2024)
Share of term deposits at State Bank of India from 4th quarter of financial year 2016 to 2020 [Graph], HDFC Securities, June 19, 2020. [Online]. Available: https://www.statista.com/statistics/1058108/india-state-bank-of-india-term-deposit-share/