{"id":111627,"date":"2023-10-11T19:30:00","date_gmt":"2023-10-11T14:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111627"},"modified":"2023-10-11T17:06:46","modified_gmt":"2023-10-11T11:36:46","slug":"3-bank-stocks-that-achieved-a-substantial-yoy-deposit-growth-of-up-to-52-do-you-hold-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/3-bank-stocks-that-achieved-a-substantial-yoy-deposit-growth-of-up-to-52-do-you-hold-any\/","title":{"rendered":"3 Bank stocks that achieved a substantial YOY deposit growth of up to 52%; Do you hold any?\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1875140223\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking accounts etc.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2057836085\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Increase in bank deposits indicates new money and new clients are being on-boarded. Here are the top performing banks which grew their deposits up to 52 percent YOY.&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-dhanalaxmi-bank\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/521216\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Dhanalaxmi bank<\/a>\u00a0<\/strong><\/h4><p>Incorporated in 1927 in Kerala Dhanalaxmi bank is a publicly held banking company engaged in providing a wide range of banking and financial services with a major concentration in Southern states.\u00a0<\/p><p><strong>Dhanalaxmi bank\u2019s deposits grew by 8.17 percent to 13789 in September 23 from 12748 in September 22. On 11th October stock closed at Rs. 30.10 and has given 151 percent returns in the last 1 year.\u00a0<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-1046421632\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/MAHABANK\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bank of Maharashtra<\/a>\u00a0<\/strong><\/h4><p>Bank of Maharashtra is engaged in providing banking services. The Bank&#8217;s segments include Treasury, Corporate\/Wholesale Banking, Retail Banking and Other banking operations.&nbsp;<\/p><p><strong>Bank of Maharashtra\u2019s deposits grew by 22.19 percent to 239306 in September 23 from 195849 in September 22. On 11th October stock closed at Rs. 46.60 and has given 158 percent returns in the last 1 year.\u00a0<\/strong><\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SURYODAY\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Suryoday Bank<\/a>\u00a0<\/strong><\/h4><p>Incorporated in 2008, Suryoday Small Finance Bank Ltd is one of the leading Small Finance Banks in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC.&nbsp;<\/p><p><strong>Suryoday bank\u2019s deposits grew by 52 percent to 4,207 in September 23 from 6,388 in September 22. On 11th October stock closed at Rs. 169.40 and has given 75.82 percent returns in the last 1 year.\u00a0<\/strong><\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Vinit Israni&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1423992971\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking accounts etc.&nbsp; Increase in bank deposits indicates new money and new clients are being on-boarded. Here are the top performing banks which grew their deposits up to 52 percent YOY.&nbsp; Dhanalaxmi bank\u00a0 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11095,13080,948,936,13081],"class_list":["post-111627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-bank-of-maharashtra-share-price","tag-dhanalaxmi-bank-share-price","tag-stock-market","tag-stock-market-news","tag-suryoday-bank-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3 Bank stocks that achieved a substantial YOY deposit growth of up to 52%; Do you hold any?\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking accounts etc.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/3-bank-stocks-that-achieved-a-substantial-yoy-deposit-growth-of-up-to-52-do-you-hold-any\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Bank stocks that achieved a substantial YOY deposit growth of up to 52%; Do you hold any?\u00a0\" \/>\n<meta property=\"og:description\" content=\"Bank deposits consist of money placed into banking institutions for safekeeping. 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