Deposit mobilization of commercial banks: A Comparative Study with AXIS Ltd and CUB Ltd in India
| Autor: | J. Sudha |
|---|---|
| Rok vydání: | 2022 |
| Zdroj: | Asian Journal of Management. :193-199 |
| ISSN: | 2321-5763 0976-495X |
| Popis: | The present study is deposit mobilization of commercial banks a comparative study with AXIS LTD and CUB LTD. Deposit mobilization is an important part of banking activity. Mobilization of savings through various deposit schemes has been regarded as the major task of banking in India today. Acceptance of deposits is the major function of commercial banks. As such, deposit mobilization is one of the basic innovations in current Indian banking activity. In this paper, an attempt is made to evaluate the trend and growth in deposit mobilization of AXIS LTD and CUB LTD during the period from 2011-2012 to 2020-2021. Three different types of deposits, namely demand deposit, savings deposit and term deposit is considered for the study. The total amount of deposits mobilized during the years from 2011-2012 to 2020-2021 in all AXIS LTD and CUB LTD in India is gathered from official website of concern bank. The collected time series data are subjected descriptive statistics. Mean, Standard deviation, co-efficient of variance and The Compound Annual Growth Rate (CAGR) are calculated for analyzing these data. Finally found that, there has been a remarkable growth in mobilization of all kinds of deposits in AXIS LTD and CUB LTD in India on the whole. |
| Databáze: | OpenAIRE |
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