Target Current accounts

Target Current accounts 

Yes private banks are targeting the Current accounts heavily and Public sector banks are struggling to retain the Current accounts. 

Wonder 1 

Three years back only in Five states the Current account deposits of Private Banks were more than the Govt Banks. Now as at 30-9-2025 it happened in 10 stares . It increased to 13 states as at 31-3-2026.  

Let us see the details state wise :

Rs. In crore 

State.              Govt Banks.  Private Banks 

Haryana.             16,405.      58,580

Karnataka.         63,849.   1,10,183

Delhi.                  86 ,354.   1,00,061

Uttara Pradesh  65, 387.      66,935

Maharashtra  2,32,498.     3,55,875 ( this dominance is horrible). 

Gujarat.              49,247.        85,834

Tamilnadu.       61,050.        81,234

Telangana.       47,758.        50,681

West Bengal.  40,995.         51,335

Jammu Kashmir  1,619.    16,366 ( Thanks to Jammu and Kashmir Bank )

Kerala.              20,590.         32,487

Rajasthan.       24,907.         25,824

Punjab.            12,885.         17,061 

Wonder 2 

In Savings Bank account ( SB) deposits also Private Banks garnered more business in Karnataka state.  

SB deposits.   1,42,637.   2,37,893 

More than 60 % of  Bangalore employees are dealing with Private Banks as per assessment.  

Competition 

Delhi.               2,12,609.     1,92,504

Maharashtra  5,33,760.     4,31,298

Telangana.     1,57,364.      1,23,351

  Wonder 3 

Huge competition in Metro centres 

Branches.      17,816.          14,364

Deposits.    66,51, 057.    58,82,876

Advances.  54,65,572.     48,94,526 

As per the data available more people are preferring Term deposits with Govt Banks and hence  total deposits are more than Private Banks ' total deposits.  

Wonder 4

In Advances also Govt Banks lead in above 100 crore limits to Corporate borrowers as compared to private Banks.  Private Banks are leading in Advances from Rs.1 crore 25 crore range over the Govt Banks.  

Rs.in crore.       GOVT.         PRIVATE 

Limit

1to upto 4.       6,46,112.   .    10,48,935

4 to upto 6.     1,75,905.           3,18,464

6 to upto 10.   2,03,251.           3,53,056

10 to upto 25. 3,22,223.           5,52,575

25 to 100.        5,28,340.           7,69,250

Above 100.    41,11,137.        13,57,114

Advances.   113,34,415.      84,44,603 

Government Banks deposits growth in FY 2025-26 was 9.80% and that of the Private Banks was 13% . Credit growth of Government Banks was 16.1% and in Private Banks it was 12.3% in FY 2025-26.  

WONDER 5 

TOTAL ADVANCES IN STATE on 31-3-2026 

Rs.in Crore 

State.              Govt Banks.  Private Banks 

Maharashtra  27,40,506.     28,39,515

Gujarat.             5,45,321.        5,70,325

Haryana.          2,57,549.        3,69,371

Jammu Kashmir 27,988.         87,392 

Tough competition 

Karnataka.     7,22,598.        5,68,905

Punjab.           2,22,276.        1,87,975

Tamilnadu.   11,15,573.       7,50,298