Mumbai, Feb. 21 -- Reserve Bank of India or RBI stated in a latest update that aggregate deposits increased by 11.0 per cent in December 2024 as compared with 11.7 per cent growth a quarter ago. Term deposits rose by 14.3 per cent (y-o-y) as compared with 5.1 per cent growth in saving deposits in December 2024; as a result, the share of term deposits in total deposits rose to 62.1 per cent from 60.3 per cent a year ago. The share of deposits bearing seven per cent or above interest rate in total term deposits increased to 70.8 per cent in December 2024 from 61.4 per cent a year ago. With rise in return on term deposits, nearly 79.8 per cent of the incremental term deposits mobilized during April-December 2024 were held in the original mat...